FTX has begun distributing over $5 billion in stablecoins to creditors, unleashing approximately 2% of the total stablecoin supply into the market.



FTX is set to release over $5 billion in stablecoins to creditors starting today, May 30. This marks the second major repayment wave to reimburse users who lost access to their funds after the exchange’s collapse in November 2022.
OVER2.34%
MAJOR-7.26%
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