June 1, 2025

FTX Set for $5 Billion Stablecoin Creditor Payment This Week

FTX will distribute over $5 billion in stablecoins on May 30.Recovery rates vary by creditor class under FTX’s Chapter 11 plan.The payout may boost crypto liquidity and trigger a market rally.FTX plans to release more than $5 billion in stablecoins to …

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