FTX is repaying $5 billion to claimants using stablecoins, enabling immediate reinvestment flexibility.
Payouts are managed through Kraken and BitGo over a three-day period, with varying recovery percentages for different creditor groups.
Coinbase analysts suggest that this payout could lead to significant market activity shifts after the previous round did not boost sentiment.
The current market conditions, including record highs for Bitcoin and increasing institutional interest, indicate that the repayment in stablecoins could facilitate capital flow back into crypto markets.