How to participate in Stable's second round of pre-deposit activities

 

Stable currency is a bridge between traditional finance and the encrypted world and plays an important role in DeFi lending, trading markets and cross-border payments. As markets mature and regulations evolve, the currency of stability is evolving from a “single asset” to a bottom-up network. The emerging stable currency chain, with a stabilizing currency as its original asset and ecological core, enhances the efficiency of distribution, circulation and payment through a bottom-up structure, and focuses on the traceability of compliance and payment scenarios. Before Plasma went online to raise market concerns, Stable, recently supported by Tether, was about to enter the arena and set the track on fire again。

Stable is a new public chain, designed at the heart of the stabilization currency, supported by the Tether team. Stable is committed to making the currency itself a central driver of the network. The USDT is no longer just a chain asset but a chain-based primary fuel and clearing media. When a user transfers, pays or contracts on Stable, it does not need to purchase additional tokens to pay the fees, and USDT itself can complete the entire transaction process. This makes Stable more like a "stable-currency-driven payment chain" than a non-traditional universal public chain。

Stable ' s objective is to build an efficient, secure, compliant and stable currency clearing network for global institutional and business users, supporting a variety of applications such as cross-border transfers, business payments and business liquidation. It wants to make the stable currency not only a reserve instrument in the market, but also a digital currency that can really be used in day-to-day financial operations。

At the technical level, Stable uses an EVM-compatible system that allows developers to directly deploy or migrate smart contracts, a design that lays the foundation for Stable to quickly construct a stable home-grown ecosystem. At the same time, Stable has built in a simplified account system that allows users to pay direct charges with the USDT and to experience the flow of the "account or wallet" as simple as using a bank card or paying a treasure。

In order to better integrate stable currencies into the real economy, Stable also plans to integrate the French currency entry and exit (on/off-ramp) function so that users can easily convert to the French currency in the chain and access digital money and traditional finance. The system also has retroactive payment mechanisms to ensure transparent and verifiable trading processes, which are essential for institutions, businesses and regulators. In order to balance privacy and security, Stable also offers certain trade privacy protection options, such as hiding some sensitive information in bulk transfers from enterprises, thus balancing compliance with privacy。

Stable focuses on "Let the stability currency really become cash in the chain." Through its compliance, security and scalable architecture, it combines payments, liquidation and financial applications and is committed to becoming a key infrastructure linking the chain to the real world。

In October 2025, Stable launched its first phase of pre-deposit activities aimed at accumulating early mobility and targeting core users for the upcoming public chain. Participants are given priority in the form of primary tokens or ecological incentives for future Internet connections by depositing USDT with an official designated contractual address. The cap on deposits of approximately $825 million (USDT) was set for this phase, and the activities were quickly completed as soon as they were announced and the collection target was reached in less than 10 minutes. The chain data show a limited number of participants, with only about 274 addresses, while deposits are highly concentrated, with deposits at the top 10 large addresses accounting for more than 60 per cent of the total. The event reflected both market interest and heat in Stable's track and the risks that may arise from large concentration of funds at an early stage。

 

In order to optimize fairness and reduce the risk of large user-led risks, Stable subsequently announced that, in Phase 2 of the pre-deposit activity, “limits per wallet deposit” and “identifying requirements” would be introduced to give more general users the opportunity to participate. Similar to the first phase, users are required to deposit a stable currency in an official contract or vault within an officially designated window of time and to obtain future tokens and ecological incentives in accordance with the rules. On 31 October 2025, Stable stated on the Media Platform that the second phase of the pre-deposit activities was open and that users would be eligible to participate in the second phase of the pre-deposit activities within the next 48 hours of the registration of the main network。Its official social media platform indicated that the event would be launched next week。

The Stable team consists of a group of professionals with financial, block chain and payment infrastructure who work together to promote a dedicated public chain with the USDT at its core。Disclosure of information on official networksAs follows:

At the capital level, Stable has completed approximately $28 million in seed ship financing, with investments covering encryption exchanges, block chain infrastructure investment institutions and traditional finance companies. Lead agencies include Bitfinex and Hack VC, and other participants include Franklin Templeton, Castle Island Ventures, KuCoin Ventures and BTSE。

The stabilization of the currency chain, which is exclusively dedicated to the stabilization currency, is developing a market pattern. At present, Stable faces core competitors such as Plasma, Arc and Tempo. Plasma is on the line and its original currency, XPL, resonates strongly in the market at the beginning of the line, but prices have experienced large price fluctuations, indicating the strong interest of capital markets in the stable currency infrastructure, while also reminding investors of the volatility and uncertainty of early projects. Arc, supported by USDC issuer Circle, emphasizes multi-stable currency compatibility with institutional services; Tempo, endorsed by Stripe, focuses on payment scenarios and business experiences. Compared to these projects, Stable is characterized by the direct use of USDT as a primary clearing medium and the integration of payment infrastructure and compliance systems aimed at stable currency settlement needs of institutional and enterprise-level users。

At the same time, the development of the track faces multiple challenges. First, the ecological difficulties are such that the true attraction of business, business and institutional users requires stable currency payment applications, cross-border settlements and full-scale compliance mechanisms. Second, competition has intensified, and with the inclusion of Plasma, Arc, Tempo and others, differentiation and pre-emptive advantages have become key factors. Thirdly, the pressure on compliance and regulation cannot be ignored, and the stabilization currency itself is a global regulatory priority and its operation may be subject to strict scrutiny if the public chain is seen as a financial infrastructure. Finally, the project ' s ability to convert market heat into real use and business flows will directly determine its long-term value。

In the future, there is still great potential for stabilizing the public money chain. Such dedicated public chains are expected to become an important part of the financial infrastructure as global stable currency issuance expands, demand for cross-border payments increases and traditional financial institutions increase their interest in chain settlements. For Stable, if institutional cooperation, payment landscapes and compliance mechanisms are put in place as soon as possible, it will have the opportunity to emerge from this emerging track and to facilitate the conversion of stable currencies from the practical application of encrypted assets to daily payments and global settlements. Over the coming years, this track may have a pattern of “oligopolistic competition” in which a few chains dominate the market, and Stable's technological integration capacity and strategic positioning will be key factors in its ability to become a leader。