Crypto change FTX CEO Sam Bankman-Fried plans to introduce its personal stablecoin, he mentioned in an interview on October 25. During the Big Whale interview, SBF reveals his plans in the course of the bear market, acquisition technique, upcoming tasks, and creating its personal stablecoin.
“Yes, it is very likely. We know how to create a stablecoin. We’re just thinking about the best partner to do it with. What I can tell you is that you’ll be hearing from us soon”
Sam Bankman-Fried just lately revealed plans to launch FTX v2 crypto change close to Thanksgiving. The developments embrace a brand new order matcher, decrease latency API pathways, and different very important options. SBF believes it would assist double the order throughput and half the order latency on the change.
Moreover, SBF additionally appears to be like to boost contemporary funding for acquisitions amid the crypto winter to spice up retail customers with new acquisitions. FTX will not take into account bailout-type acquisitions. Moreover, SBF has turned down plans to amass the commission-free buying and selling app Robinhood. The firm intends to draw customers, particularly retail buyers, and develop organically.
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