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$1.6 Billion in FTX Creditor Payouts Set for September 30: What to Expect


by Coin Edition
for CoinEdition
FTX payout $1.6B stablecoins on Sept. 30 amidst $5B rumors and market speculation
  • FTX Recovery Trust releases $1.6B in creditor payouts today, Sept. 30, not $5B rumors
  • Today’s $1.6B payout is the third round of FTX repayments under its Chapter 11 plan
  • Markets brace for volatility as $1.6B in FTX stablecoins enters circulation today

Crypto Rover, a well-known crypto trader, sent a reminder that FTX is set to return over $5 billion to its creditors starting tomorrow, with the entire massive payout being made in stablecoins.

There’s still some confusion on whether this is true or if the amount is correct, mainly because back in May 2025, there was a widely reported plan for FTX to distribute over $5 billion in stablecoins to creditors. Supposed to start on May 30, it would represent a substantial liquidity event. 

However, the exact amount wasn’t disclosed. More recently, the FTX Recovery Trust confirmed it will distribute $1.6 billion in …

Read The Full Article $1.6 Billion in FTX Creditor Payouts Set for September 30: What to Expect On Coin Edition.

Read the article at CoinEdition

Read More

Ondo Global Markets Crosses $300 Million Driving Accumulation Signs

Ondo Global Markets Crosses $300 Million Driving Accumulation Signs

Ondo Global Markets has onboarded over $300 million worth of stocks and ETFs onto the...
HBAR’s Weak October Start Hints at a Slump Toward Three-Month Lows

HBAR’s Weak October Start Hints at a Slump Toward Three-Month Lows

Hedera’s native token HBAR is under mounting bearish pressure after failing to break ...

$1.6 Billion in FTX Creditor Payouts Set for September 30: What to Expect


by Coin Edition
for CoinEdition
FTX payout $1.6B stablecoins on Sept. 30 amidst $5B rumors and market speculation
  • FTX Recovery Trust releases $1.6B in creditor payouts today, Sept. 30, not $5B rumors
  • Today’s $1.6B payout is the third round of FTX repayments under its Chapter 11 plan
  • Markets brace for volatility as $1.6B in FTX stablecoins enters circulation today

Crypto Rover, a well-known crypto trader, sent a reminder that FTX is set to return over $5 billion to its creditors starting tomorrow, with the entire massive payout being made in stablecoins.

There’s still some confusion on whether this is true or if the amount is correct, mainly because back in May 2025, there was a widely reported plan for FTX to distribute over $5 billion in stablecoins to creditors. Supposed to start on May 30, it would represent a substantial liquidity event. 

However, the exact amount wasn’t disclosed. More recently, the FTX Recovery Trust confirmed it will distribute $1.6 billion in …

Read The Full Article $1.6 Billion in FTX Creditor Payouts Set for September 30: What to Expect On Coin Edition.

Read the article at CoinEdition

Read More

Ondo Global Markets Crosses $300 Million Driving Accumulation Signs

Ondo Global Markets Crosses $300 Million Driving Accumulation Signs

Ondo Global Markets has onboarded over $300 million worth of stocks and ETFs onto the...
HBAR’s Weak October Start Hints at a Slump Toward Three-Month Lows

HBAR’s Weak October Start Hints at a Slump Toward Three-Month Lows

Hedera’s native token HBAR is under mounting bearish pressure after failing to break ...