Hourglass posted on the X platform that the second phase of the Stable stablecoin pre-deposit program has ended. More than 10,000 verified wallets have submitted a total of more than $1.10 billion in eligible deposits, setting a record for the largest, fully on-chain verified pre-deposit program to date.
Hourglass said in a post on social media that the second phase of the Stable pre-deposit vault is now closed, with a total deposit of about $1.80 billion and about 26,000 wallets participating. The KYC link will be issued in the next few hours. After the link takes effect, each wallet has 72 hours to complete the verification.
According to Hourglass, the second phase of the Stable pre-deposit campaign has raised more than 1.60 billion dollars, and the number of participating wallets has exceeded 25,000. The deposit channel will be closed within 1 hour, closing at 1:25 am (UTC).
On November 6th, according to the data on the chain, Stable has raised more than 650 million US dollars after opening the second phase of the pre-deposit activity. The second phase of the Stable Deposit Campaign will accept eligible deposits up to $500 million. Hourglass says deposits made directly via Etherscan or programmatically will not be eligible for the Stable Deposit Campaign. Such deposits can be withdrawn via Etherscan using the redeemNonKYC function. The minimum deposit window of $100...
The Hong Kong subsidiary of China Construction Bank has announced the completion of the second phase of the trial under the Hong Kong Monetary Authority's "Digital Hong Kong Dollar +" project. The trial focused on programmable use cases and successfully conducted cross-bank and cross-blockchain reality tests to simulate the "Digital Hong Kong Dollar". In-depth evaluation of the feasibility of large-scale implementation of programmable prepaid business scenarios and feasibility assessment of the ...
According to Stable's announcement, the second phase of the pre-deposit activity will open next week.
The blockchain oracle project Chainlink announced on September 29 that its enterprise action processing pilot project combining artificial intelligence and blockchain technology has completed the second phase of testing. The project has partnered with DTCC, Swift, Euroclear, and several international banks to build a unified data record system on the chain by integrating large language models such as OpenAI's GPT, Google's Gemini, and Anthropic's Claude. The system realizes the automatic verific...
The US non-farm data is far below expectations! Trump announced the final list of candidates for the Federal Reserve chairperson, preparing to impose the second phase of sanctions on Russia; Japanese Prime Minister Shigeru Ishiba announced his resignation... What major events have happened in the world since last Friday?
On September 8th, US President Donald Trump said at the White House on Sunday that he was ready to move into the second phase of sanctions against Russia, the closest he came to suggesting that sanctions against Moscow or its oil buyers were about to be ramped up over the conflict in Ukraine. Trump has repeatedly threatened to impose further sanctions on Moscow, but has refrained from doing so in his quest for peace talks. The latest remarks show that Trump's posture is increasingly aggressive, ...
US President Donald Trump has said he is ready to implement the second phase of sanctions against Russia.