In a Twitter (NYSE: TWTR) message posted on Tuesday, FTX said it was exploring the possibility of establishing relationships with banks in different regions to allow users to make "near-instant and near-free deposits and withdrawals" via stablecoins.
The exchange floated the idea of offering a $1 million prize to the first bank in each region to accept the tokens, but hinted that it would be open to giving more.
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How much would it cost to convince a bank to accept stablecoins? If we offered a prize of $1 million for the first bank in each region to do so, is that enough? You work for a bank and want to discuss this?
exchange FTX
stablecoins banks
banks FTX


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