FTX compensation preparations are starting! It will begin paying $16 billion to its creditors from January 3, 2025.


The expected payment will be completed within 60 days and will be in stablecoin instead of the original cryptocurrency.
A large part of these payments may flow back into the market, which could be a catalyst for growth.
-
Note: Settling in stablecoins instead of the original cryptocurrency not only avoids significant selling pressure like the one seen in the previous Mt. Gox incident, but also increases market liquidity.
-
Everyone can judge for themselves what the impact is.
#BTC #ETH #GateioInto11 #ContentStar
VIRTUAL-7,19%
XRP-6,92%
AGLD-3,52%
ETH-3,04%
BTC-1,95%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)