BlockBeats News, November 5th: Stablecoin public blockchain Stable announced that the second phase of the deposit event will start at 22:00 on November 6th (UTC+8), accepting up to $500 million in eligible deposits. Participants need to use USDC for deposit and complete KYC. Each verified user is limited to one wallet.
All USDC deposits will be converted to brand 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.



