TechFlow news, on October 24, stablecoin public chain Stable announced that the first phase of its pre-deposit campaign has reached the $825 million cap. Stable said the milestone was driven by partners and the community, with further content to be rolled out gradually. Its early ecosystem partners include Concrete, Morpho, Frax Finance, Pendle, USDT0, LayerZero, among others.
Community members have raised concerns, claiming the deposit cap was filled within minutes—allegedly by insiders—and that large inflows of funds were observed before the official announcement.
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