TechFlow news FTX called on major banks via its official Twitter account to adopt stablecoins, asking: "How much would it take to convince banks to accept stablecoins? Would offering a $1 million reward to the first bank in each region that accepts stablecoins be enough? Do you work at a bank and would be open to discussing this?"
FTX stated it is exploring partnerships with banks across various regions to enable users to make "near-instant and free deposits and withdrawals" using stablecoins, and hinted it is willing to offer additional incentives. FTX also revealed that its target audience includes banks beyond just the United States, calling for agreements on stablecoin adoption and expressing willingness to engage with credit unions. FTX founder Sam Bankman-Fried (SBF) previously tweeted that establishing a stablecoin framework based on reporting, transparency, and audits could resolve 80% of current issues while ensuring the healthy growth of stablecoins.
