Stable has concluded the first phase of its pre-deposit campaign
The first phase's deposit cap of $825M was reached in 20 minutes. Stable has previously partnered with Concrete, Morpho Labs, Frax Finance, Pendle Finance, USDT0, and Layer Zero to launch the vaults. Stable is a new Layer 1 blockchain being built for stablecoins, backed by Bitfinex, USDT0, Hack VC, and others.
👉🏻 x.com/stable/status/1981534243202486519
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