USDT Integration Expands as Stable Launches Phase 2 Pre-Deposit Campaign
Stable, the innovative Layer-1 blockchain specifically engineered for stablecoin transactions, has announced the commencement of Phase 2 of its pre-deposit campaign scheduled for next week. This strategic initiative enables participants to deposit Tether (USDT) and various other stablecoins in exchange for attractive rewards directly linked to the project's forthcoming native token. With substantial backing from industry giants Bitfinex and USDT₀, Stable is positioning itself as a high-performance network dedicated to revolutionizing stablecoin payments and decentralized applications. The campaign's evolution into Phase 2 reflects the project's responsiveness to user feedback and its commitment to building a robust ecosystem for digital currency transactions. This development represents a significant milestone in the stablecoin infrastructure landscape, potentially enhancing USDT's utility and integration across decentralized platforms. As of October 29, 2025, the cryptocurrency community is closely monitoring this initiative, which could set new standards for stablecoin interoperability and reward mechanisms within the blockchain space. The continued expansion of such infrastructure projects underscores the growing institutional and retail interest in stablecoin-based financial solutions, potentially driving increased adoption and value appreciation across the digital asset ecosystem.
Stable Announces Phase 2 of Pre-Deposit Campaign Amid User Feedback
Stable, a Layer-1 blockchain optimized for stablecoin transactions, is rolling out Phase 2 of its pre-deposit campaign next week. The initiative allows users to deposit Tether (USDT) and other stablecoins in exchange for rewards tied to the project’s upcoming native token. Backed by Bitfinex and USDT₀, Stable aims to build a high-performance network for stablecoin payments and decentralized applications.
The campaign’s second phase introduces measures like a 24-hour countdown, per-wallet deposit limits, and individual wallet requirements. These changes follow criticism of the first phase’s fairness. The team frames the campaign as a way to onboard early supporters and gauge real user participation before the network’s official launch.
China Jails Five for Using USDT to Circumvent Forex Controls
A Beijing court has imprisoned five individuals for exploiting USDT to illegally transfer funds overseas, masking transactions as cryptocurrency trades to bypass China's strict foreign exchange regulations. The case, highlighted among 13 key financial crime rulings by Beijing's prosecutorial authority, underscores growing scrutiny of crypto's role in cross-border capital flows.
Operating between January and August 2023, the group allegedly processed over 1.18 billion yuan ($166 million) through personal bank accounts. Clients' yuan was converted to USDT on unspecified crypto platforms, then funneled to offshore wallets—effectively creating an unauthorized remittance network. Two ringleaders surnamed Lin coordinated the scheme, with accomplices handling transactions and account management.
BNB and XRP Show Resilience Amid Market Movements as BlockchainFX Presale Gains Traction
BNB's price dipped 0.24% to $1,144.48 while maintaining strong trading activity, reflecting steady demand. XRP held firm at $2.66, with liquidity indicators suggesting sustained buyer interest as the crypto market progresses through Q4 2025.
Attention is shifting toward presale opportunities, with BlockchainFX ($BFX) emerging as a standout candidate. The project's trading super app—integrating crypto, stocks, forex, and commodities—has attracted over 10,000 active users. Its revenue-sharing model redistributes up to 70% of trading fees as USDT rewards, offering daily yields of 4%-7% for token holders.
A $500,000 giveaway campaign underscores the presale's momentum, with the top prize awarding $250,000 in BFX tokens. Visa card integration for real-world spending further bolsters the utility proposition ahead of Monday's scheduled price adjustment.
