FTX Offers Banks $ 1 Million To Support Stablecoins

Cryptocurrency exchange FTX has urged traditional banks to consider supporting stablecoins. The platform offered a prize of $ 1 million to every first bank in the region to accept stablecoins.

V message in the social network Twitter, representatives of the exchange emphasize that stablecoins allow almost instant money transfers. FTX’s partnerships with stablecoin banks will allow its clients to make deposits and withdrawals quickly and cheaply.

“How much will it cost to convince a bank to accept stablecoins? If we offer a reward of $ 1 million to every first bank in the region to accept stable cryptocurrencies, will that be enough? ”

FTX noted that the offer is not limited to US banks. And even not only by banks – it is possible to discuss support for stablecoins with consumer credit unions.

Previously, FTX CEO Sam Bankman-Fried said that working with regulators is now the top priority of the cryptocurrency industry. It is the stablecoin projects that can become the most attractive for regulation.

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