FTX CEO Sam Bankman-Fried Confirms “Stablecoin” Plans
Crypto trade FTX CEO Sam Bankman-Fried plans to introduce its personal stablecoin, he stated in an interview on October 25. Through the Large Whale interview, SBF reveals his plans in the course of the bear market, acquisition technique, upcoming initiatives, and creating its personal stablecoin.
“Sure, it is extremely possible. We all know how one can create a stablecoin. We’re simply serious about the most effective companion to do it with. What I can inform you is that you just’ll be listening to from us quickly”
Sam Bankman-Fried just lately revealed plans to launch FTX v2 crypto trade close to Thanksgiving. The developments embrace a brand new order matcher, decrease latency API pathways, and different important options. SBF believes it would assist double the order throughput and half the order latency on the trade.
Furthermore, SBF additionally appears to boost recent funding for acquisitions amid the crypto winter to spice up retail customers with new acquisitions. FTX will not think about bailout-type acquisitions. Furthermore, SBF has turned down plans to amass the commission-free buying and selling app Robinhood. The corporate intends to draw customers, particularly retail traders, and develop organically.
