Stable: The second phase of the prepaid deposit activity will start tomorrow, with a limit of 500 million USD

Stable, the stablecoin public chain, announced that the second phase of the pre-deposit activity will start on November 6 at 22:00 (UTC+8), accepting up to $500 million in qualified deposits. Participation requires depositing USDC and completing KYC, with each verified user limited to 1 wallet.

All USDC deposits will be converted into a new USDT on the Stable network, enhancing on-chain liquidity, bridging institutional funds with the on-chain market, and strengthening the overall ecosystem's stablecoin liquidity.