FTX will distribute over $5 Billion in stablecoins to creditors on Friday this week

The cryptocurrency market is bracing for a major shake-up as FTX prepares to release over $5 billion in stablecoins to creditors on May 30. As highlighted by Miles Deutscher Finance, an analyst, this massive repayment is expected to inject fresh liquidity into the market, potentially sparking a broad altcoin rally.  While the broader sentiment remains […] The post FTX will distribute over $5 Billion in stablecoins to creditors on Friday this week appeared first on Coin Edition.