BitalkNews|Nov 07, 2025 03:22
Gas fees are done, now @stable changed the rules saying 'no more first-come-first-serve, switching to over-collateralization.'
$500M cap, but $820M USDC has already been deposited into the contract. Deposits are still ongoing and will continue until around 9 AM on 11/08.
The single address deposit limit has also been adjusted from 20M USDC to 1M USDC.
After the deposit window closes, users will have 72 hours to complete KYC.
Users who don’t complete KYC can withdraw anytime, either directly from the contract or wait for Stable’s website to integrate this feature later today.
Stable has clearly stated they’ll launch the mainnet before the end of December, and the token has already been listed on pre-market contracts on BN.
So Stable will definitely issue tokens, but for now, retail investors can only participate through pre-deposits.
There’s no role system in the DC, the testnet is mainly for developers, and Stable Pay is only accepting waitlist sign-ups.
If you really want to try for a token airdrop, I think the pre-deposit activity is something you shouldn’t miss.
NFA, DYOR.
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