Stable to launch phase 2 of pre-deposit campaign next week

Stable, a Layer 1 blockchain focused on stablecoins and led by Bitfinex and Tether, will launch the second phase of its pre-deposit campaign next week, The Block reported. The project explained that this phase will include per-wallet deposit limits and individual wallet requirements to prevent a few whale wallets from dominating the deposit pool. The first phase of the campaign saw its $825 million deposit cap filled within 10 minutes of launching, which prompted community speculation about potential insider advantages.