With the U.S. election soon upon us, market participants are waiting anxiously for the high stakes political outcomes that will unfold.

Arthur Hayes, the head of Maelstrom and a prominent figure in the cryptocurrency market, elaborated on his strategies to hedge against election-related risks using the stablecoin USDe from Ethena Lab. Hayes mentioned, "Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%."

The digital asset fund will shift its funds back into cryptocurrencies after a winner is confirmed and the loser concedes. "It doesn’t matter who wins beyond the short-term," Hayes noted with a hint of sarcasm.

Amid rising political tensions, investors are on edge as the election date approaches. According to traditional media, there's a razor-close race between Donald Trump and Kamala Harris, stirring varied predictions across decentralized platforms.

Hayes emphasized that the election results may not alter the long-term bullish view on Bitcoin, stating, "Both Trump and Harris will print money in the trillions, and in the medium term, it doesn’t matter who wins."

Concerns linger about potential unrest following the election results, which could prompt increased volatility across assets. As Hayes anticipates, "If the election comes and goes without any unrest, markets will respond positively. If social turmoil arises, however, it may lead to turbulence in risk assets."

In responding to global market dynamics, the fund aims to protect its investments against unfavorable price movements, considering that the extracted funding from the Bitcoin and Ethereum futures trading will play a pivotal role in the financial strategy.

In summary, Hayes believes in the resilience of cryptocurrency regardless of electoral outcomes, positioning Maelstrom to respond to changing market conditions effectively.