Stable: The second phase of the pre-deposit event is now open
BlockBeats News, on November 6, the stablecoin public chain Stable announced in a post that the second phase of the pre-deposit campaign has begun.
As previously reported, Stable stated that the second phase of the pre-deposit campaign will accept up to $500 million in qualified deposits. Participation requires depositing USDC and completing KYC, with each verified user limited to one wallet.
All USDC deposits will be converted into brand new USDT on the Stable network, enhancing on-chain liquidity, bridging institutional funds with on-chain markets, and strengthening the overall stablecoin liquidity of the ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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