Arthur Hayes, Chief Investment Officer of the digital asset investment fund Maelstrom and co-founder of BitMEX, is using Ethena Lab's USDe stablecoin to hedge against uncertainty while maintaining significant bullish bets on Bitcoin, Ethereum, and other cryptocurrencies.

"Given the uncertainty, Maelstrom has allocated 5% of its funds into staked USDe, yielding approximately 13%. We maintain substantial long positions in Bitcoin, Ethereum, and other tokens."