Stablecoin Deposit Activity Phase 2 Raises Over $650 Million

By: theblockbeats.news|2025/11/06 23:15:54

BlockBeats News, November 6th, according to on-chain data, after Stable initiated the second phase of the deposit pre-sale activity, it has now raised over $650 million.

The second phase of the Stable deposit pre-sale activity will accept up to $500 million in eligible deposits. Hourglass stated that deposits made directly through Etherscan or programmatically will not qualify for the Stable pre-sale activity. Such deposits can be withdrawn using the redeemNonKYC function on Etherscan. The $100,000 minimum deposit window will be extended by at least one hour.

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