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Arthur Hayes Says Dollar Borrowing Demand May Signal Return Of Crypto Basis Trade

Arthur Hayes Sees Dollar-Borrowing Demand as Basis

Arthur Hayes posted on X today, August 25, 2026 and said that his over-the-counter trading brokers have started contacting his team about borrowing dollars, which he views as a possible sign that the crypto basis trade is returning. Hayes said borrowing rates are still too low for the strategy to...

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