FTX to issue Stablecoin

[Yugocean]

Sam Bankman-Fried, or SBF, is insisting that
a stablecoin is being under development by FTX exchange . There are already many stablecoins, a new coin isn't existing , no fans are not welcoming the news.
Your take?

 

[Knowledge Quest]

I think that it is great that FTX is working on developing a new stablecoin. I think that this will help to increase the stability of the cryptocurrency markets and will also help to increase the adoption of cryptocurrencies.

 

[Golden9]

SBF is known to be a hard worker and he works on projects that are beneficial to the crypto market. It is based on this trust that we should believe that he's doing good too this time with the stablecoin.

 

[uptrendfinancialsignal]

The FTC has issues presently and I don't think that the FTC issues will come to reality.

 

[Reedex]

I think that the cryptocurrency exchanges shouldn't be talking about stablecoin but rather to face the music because they are currently under investigation of how they mismanage the fund of the company.