Sam Bankman-Fried of FTX Announces Plans to Launch Stablecoin

FTX CEO Sam Bankman-Fried has confirmed that the crypto platform is working on launching its own stablecoin. 
In an interview with The Big Whale, Bankman-Fried said “it is very likely” FTX will launch a stablecoin, joining most other major exchanges in having launched a crypto token whose value is tied to fiat currencies. He added that they know how to create a stablecoin and are looking for the best partner to work with….
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