Sam Bankman-Fried, CEO of FTX and one of the richest men in crypto, has recognized the influence crypto has in the region, and he believes this will keep growing in the future.
in rescuing some of the crypto companies facing liquidity issues due to the current market downturn, believes that this new payment and remittances flow might benefit from a native cryptocurrency linked to the value of fiat currencies in the region.
There have been attempts at achieving this, with countries like Mexico already having a token pegged to its fiat currencyThe company is interested in Latam and has been having conversations about potential business opportunities in the region. Bankman-Fried stated:I don’t think there is anything concrete at the moment, but we would love to do it and have been talking to potential partners in Latin America.
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