Cryptocurrency derivatives exchange FTX is inviting banks to come forward and discuss the possibility of accepting stablecoins in exchange for a million dollar reward.
In a Twitter (NYSE 🙂 message posted on Tuesday, FTX said it was exploring the possibility of establishing relationships with banks in different regions to allow users to make “near-instant and near-free deposits and withdrawals” via stablecoins. The exchange floated the idea of offering a $ 1 million prize to the first bank in each region to accept the tokens, but hinted that it would be open to giving more.
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How much would it cost to convince a bank to accept stablecoins?If we offered a $1m prize for the first bank in each region that does it is that enough?Do you work for a bank and want to discuss this?
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