Coinbase Predicts Liquidity Surge as FTX Repays $5B
The FTX Recovery Trust has launched a $5 billion repayment round, marking a key phase in returning funds to victims of the 2022 exchange collapse.
Starting May 30, the trust began disbursing stablecoins through BitGo and Kraken over a three-day window.
This second round of repayments targets a broad group of stakeholders. Recipients include U.S. and international customers, institutional lenders, unsecured creditors, and digital asset lenders.
Recovery Rates Vary Across Creditor Classes
Payout rates differ depending on claim type. Institutional and international creditors are recovering 72% of approved claims. Digital asset lenders and general unsecured creditors will receive 61%, while U.S.-based FTX customers are getting 54%.
In a surprising twist, small claimants with verified claims under $50,000 — categorized as “convenience claims” — are set to receive 120% of their allowed amounts.
Coinbase Sees Market Impact from Influx of Funds
Coinbase analysts suggest this large-scale repayment could act as a liquidity injection into crypto markets. With over $5 billion returning to former FTX users, fresh capital may soon reenter the ecosystem.
The analysts believe these inflows could influence trading patterns and asset flows, especially if recipients reinvest their recovered funds into digital assets.
As the FTX saga enters its repayment stage, this event could mark a turning point in restoring confidence among affected investors — and possibly spark renewed activity across major crypto markets.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
