logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. Stablecoin $825M Pre-Deposit Flash Loan, Whale Entrance with $700M Before Official Announcement?

    Stablecoin $825M Pre-Deposit Flash Loan, Whale Entrance with $700M Before Official Announcement?

    By: blockbeats|2026/03/28 09:18:01
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    PagePage
    QUOTAQUOTA
    THISTHIS
    EnhanceEnhance
    ENHANCEENHANCE
     
    Original Title: "Stable's First Round of $825 Million Pre-deposit Sold Out Instantly, $700 Million Released First Before Announcement?"
    Original Author: Asher, Odaily Planet Daily

    The project Stable, which has been a hot topic in the community recently, announced this morning on the X platform that the first phase of its pre-deposit activity has reached the $825 million upper limit.

    "What? I just rang the bell, and as soon as I opened the page, there was no quota left?" — This was a true reflection of many users who tried to participate for the first time this morning. Below, Odaily Planet Daily will take you to learn about the Stable project and review the whole process of this morning's "$825 million pre-deposit sold out instantly."

    Stable: A Layer1 Blockchain Designed Specifically for USDT

    Stablecoin $825M Pre-Deposit Flash Loan, Whale Entrance with $700M Before Official Announcement?

    Stable is a high-performance Layer1 blockchain designed specifically for USDT, aiming to provide a fast, low-cost, low-latency stablecoin transaction network. Unlike general-purpose blockchains, Stable focuses on the payment and settlement functions of USDT, hoping to make USDT have a cash-like experience on-chain, suitable for cross-border payments, e-commerce payments, and corporate settlements.

    In terms of technical design, Stable adopts an independent blockchain architecture, supports EVM compatibility and sub-second transaction confirmation, and plans to introduce a gas-free USDT0 transfer mode, as well as provide institutions with apply-for exclusive block space and compliance-friendly privacy transaction support. These features are designed to lower the barriers for enterprises and end-users to use blockchain payments and enhance stablecoin transaction efficiency. The core technical framework of the project has been basically completed, but the launch dates for the testnet and mainnet have not been announced yet.

    It is worth noting that Stable has received investments from well-known institutions including Bitfinex, Hack VC, and Franklin Templeton, and has been endorsed by Tether officially, with Tether CEO Paolo Ardoino also publicly supporting the project. These funds are mainly used for network infrastructure construction and global USDT payment ecosystem expansion.

    Stable's Pre-deposit Activity Faces Criticism

    The first phase of Stable's USDT pre-deposit activity quickly sparked a huge controversy after it opened, with a large number of community users questioning serious "insider trading" operations. According to the official timeline, Stable officially tweeted to announce the opening of the pre-deposit at 9:10 am Beijing time, but on-chain data shows that people had already deposited funds as early as 8:48, which was significantly earlier than the official time.

    Official Announcement: Large Funds from Multiple Addresses Participated in Pre-Deposit Activity

    On-chain data shows that the $825 million pre-deposit amount for this event had already been "pre-sold" for $700 million before the public announcement. Among them, 10 whale addresses collectively deposited around $600 million USDT, and all funds originated from the same wallet address, which was split and filled to the limit within 10 seconds. Further analysis revealed that these funds were all withdrawn from the BTSE CEX before being dispersed into different wallets for participation in the pre-deposit, indicating a unified operation likely conducted by the same capital group. In addition, the funds from these addresses had completed preparation and layout hours before the start of the activity, further fueling community dissatisfaction.

    Prior to the pre-deposit event, 10 whale addresses with the same source of funds collectively deposited 600 million USDT

    Relatively speaking, ordinary users had little to no participation space. Many users reported that upon entering the official website, they either encountered authorization failures or their transactions were delayed in packaging, and by the time they saw the official tweet, only 0.13 USDT was left on the page to deposit, indicating that while a small amount of allocation appeared available, retail investors were practically unable to participate.

    Community Feedback: Upon the official announcement, only 0.13 USDT was left to deposit on the page

    According to Dune data, the $825 million pre-deposit event had only 273 addresses participating, with the participation ratio of ordinary users being almost negligible. More notably, among all participating addresses, nearly 40 addresses had deposits lower than 500 USDT, and there were even extremely small deposits of 1 USDT, 3 USDT, 5 USDT, or tens of USDT, leading the community to sarcastically label these small addresses as mere props used to inflate the number of participants, devoid of any real sense of participation.

    Stablecoin Pre-Deposit Data

    Overall, the first phase of the $825 million Stablecoin pre-deposit activity quickly reached its limit. However, community sentiment was highly negative, being described as an "epic-level frontrunning" and a "pre-sale that was predetermined in advance".

    Summary

    "Insults aside, we still gotta make money." Although the first phase of the Stable project's presale was heavily controversial due to serious "insider trading" issues, considering its endorsement by Tether official and support from top-tier capital, the project still possesses strong market influence and sustained tracking value.

    What is more worth paying attention to next is actually the presale activities related to centralized exchanges, especially whether Binance will launch a deposit or participation activity for Stable. Previously, Binance had launched the Plasma (XPL) deposit activity, with the first phase's individual deposit limit as high as $100,000, and subsequent batches could also deposit up to $50,000. Since it is a stablecoin deposit participation, with no principal loss, the yield from selling immediately after XPL's listing reached an annualized rate of up to 79%, becoming one of the highest-yielding projects listed on CEX this year.

    From this perspective, Stable is still a project of high priority for attention. While on-chain activities may have already been consumed by large funds, the CEX phase may be the participation window suitable for ordinary retail investors.

    Original Article Link

    -- Price

    --

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    Exclusive: Overseas Cryptocurrency Exchanges Not Searchable in Korea... 65 on Google, 56 on Apple

    Exclusive: Overseas Cryptocurrency Exchanges Not Searchable in Korea... 65 on Google, 56 on Apple

    Among the 109 overseas virtual asset (digital asset) derivatives exchanges, it was found that 65 were not searchable on Google and 56 on Apple. If they are not supported on the Google Play Store and Apple App Store, users with smartphones running Android and iOS cannot use the related apps. Notably,...
    Can £250 a Year Buy a Power Pylon? The UK Begins Valuing Energy Transition

    Can £250 a Year Buy a Power Pylon? The UK Begins Valuing Energy Transition

    Data Must Enter the Production Line Before Robots Do

    Data Must Enter the Production Line Before Robots Do

    BIP-110 Mines Only Two Blocks: The Battle Over Bitcoin Rules Ultimately Comes Down to Hash Power

    BIP-110 Mines Only Two Blocks: The Battle Over Bitcoin Rules Ultimately Comes Down to Hash Power

    30 Seconds is Not Just Twice as Long: Seedance 2.5 Pushes the AI Video Challenge Beyond the Lens

    30 Seconds is Not Just Twice as Long: Seedance 2.5 Pushes the AI Video Challenge Beyond the Lens

    Polymarket Prepares to Catch Up with Kalshi as Market Activity Slows

    Polymarket Prepares to Catch Up with Kalshi as Market Activity Slows

    X Space Transcript | AI Investment 'Half-Time Break': What to Buy in the Second Half? From Selling Computing Power to AI Adopters

    X Space Transcript | AI Investment 'Half-Time Break': What to Buy in the Second Half? From Selling Computing Power to AI Adopters

    What Kind of Company is Trump Media Becoming?

    What Kind of Company is Trump Media Becoming?

    DOS Airdrop Guide: How to Earn 50,000 USDT Rewards on WEEX

    DOS Airdrop Guide: How to Earn 50,000 USDT Rewards on WEEX

    A clear guide to the DOS campaign on WEEX, including reward tiers, trading tasks, referral rules, and practical tips for beginners.
    Grayscale Analyzes Increased Demand for Blockchain Due to AI Adoption

    Grayscale Analyzes Increased Demand for Blockchain Due to AI Adoption

    ZachXBT Accuses Tiffany of Involvement in Cryptocurrency Theft Case

    ZachXBT Accuses Tiffany of Involvement in Cryptocurrency Theft Case

    On-chain investigator ZachXBT has released information alleging that Tiffany Milanovich is connected to a series of so-called scams involving cryptocurrency. The accusations indicate that the losses amount to at least US$ 5 million.
    AI Leverage, US Treasury Rates, and the Strait of Hormuz: The Three Major Factors Dominating Global Markets This Summer

    AI Leverage, US Treasury Rates, and the Strait of Hormuz: The Three Major Factors Dominating Global Markets This Summer

    Bitcoin Could Turn Wasted Energy into Revenue for Ireland and Ukraine

    Bitcoin Could Turn Wasted Energy into Revenue for Ireland and Ukraine

    CFTC Orders Kalshi to Continue Operations in New York Amid Regulatory Clash

    CFTC Orders Kalshi to Continue Operations in New York Amid Regulatory Clash

    Accel Completes $550 Million Fundraising for India

    Accel Completes $550 Million Fundraising for India

    Brazil's Stock Market Plummets and Real Devalues Sharply: Three Reasons Shaking the Market

    Brazil's Stock Market Plummets and Real Devalues Sharply: Three Reasons Shaking the Market

    The electoral scenario has once again taken center stage in financial discussions, compounded by doubts regarding the actions of the Central Bank of Brazil amid a turbulent external environment.
    BlackRock Cuts IBIT In-Kind Conversion Minimum To $1M

    BlackRock Cuts IBIT In-Kind Conversion Minimum To $1M

    New Trick Exposes Hidden Thoughts of AI and Revives Distillation War

    New Trick Exposes Hidden Thoughts of AI and Revives Distillation War

    A computer trick allows the 'thinking' of cutting-edge AI models to be laid bare, revealing possible covert distillations and data leaks. Researchers demonstrate that smaller versions of the models can expose their hidden reasoning.
    Claude AI Exploits Vulnerability in Australia

    Claude AI Exploits Vulnerability in Australia

    Should Bitcoin Companies Build USD Reserves? Understanding The Truth

    Should Bitcoin Companies Build USD Reserves? Understanding The Truth

    Strategy is acquiring more cash than bitcoin these days. This is what's really going on and whether other Bitcoin companies should follow suit.
    Institutional Capital Returns to Bitcoin, but the Spot Market Remains Weak

    Institutional Capital Returns to Bitcoin, but the Spot Market Remains Weak

    Flowdesk secures full broker-dealer license in Dubai

    Flowdesk secures full broker-dealer license in Dubai

    Kazakhstan Exempts Digital Asset Investment Gains from Taxes for Three Years

    Kazakhstan Exempts Digital Asset Investment Gains from Taxes for Three Years

    Jennifer Bailey Leaves Apple Pay: The Payments Architect Retires

    Jennifer Bailey Leaves Apple Pay: The Payments Architect Retires

    Jennifer Bailey, the executive who launched Apple Pay in 2014, is retiring after more than 25 years at Apple. Her departure marks the beginning of a wave of retirements among top executives as Tim Cook prepares to hand over the reins to John Ternus.
    Web3: Brazilian Banking Giant Itaú Joins Bond and Fund Tokenization Pilot

    Web3: Brazilian Banking Giant Itaú Joins Bond and Fund Tokenization Pilot

    SharpLink Reports $394M Q2 Loss As Ethereum Revaluation Hits Results

    SharpLink Reports $394M Q2 Loss As Ethereum Revaluation Hits Results

    Bitwise Solana ETF approved for loans at 25% LTV

    Bitwise Solana ETF approved for loans at 25% LTV

    Palantir Raises Target Price After Beating Earnings Expectations

    Palantir Raises Target Price After Beating Earnings Expectations

    ENS Foundation takes administrative control of $65 million Endowment following tokenholder vote

    ENS Foundation takes administrative control of $65 million Endowment following tokenholder vote

    Standard Chartered Sees 4 DeFi Tokens Outperforming Bitcoin by 2030

    Standard Chartered Sees 4 DeFi Tokens Outperforming Bitcoin by 2030

    Standard Chartered sees 4 DeFi tokens outperforming Bitcoin by 2030. Discover the targets for LINK, UNI, AAVE, and MORPHO.

    Exclusive: Overseas Cryptocurrency Exchanges Not Searchable in Korea... 65 on Google, 56 on Apple

    Among the 109 overseas virtual asset (digital asset) derivatives exchanges, it was found that 65 were not searchable on Google and 56 on Apple. If they are not supported on the Google Play Store and Apple App Store, users with smartphones running Android and iOS cannot use the related apps. Notably,...

    Can £250 a Year Buy a Power Pylon? The UK Begins Valuing Energy Transition

    Data Must Enter the Production Line Before Robots Do

    BIP-110 Mines Only Two Blocks: The Battle Over Bitcoin Rules Ultimately Comes Down to Hash Power

    30 Seconds is Not Just Twice as Long: Seedance 2.5 Pushes the AI Video Challenge Beyond the Lens

    Polymarket Prepares to Catch Up with Kalshi as Market Activity Slows

    ...
    Invite friends, get rewards
    Invite to get up to $160 + 40% commission
    Invite

    Contents

    Stable: A Layer1 Blockchain Designed Specifically for USDT
    Stable's Pre-deposit Activity Faces Criticism
    Summary
    Page

    Latest articles

    2026/04/02

    Trump Signals Conclusion of Iran Conflict and Market Ripples

    Key Takeaways: Oil prices surged past $100 a barrel amidst Trump’s speech about the winding down of the…

    BTCBTC
    00.00%--
    2026/03/30

    29 Days In, What Are America’s Options on Iran?

    The key is not in ground invasion but in the combination of striking capability and governance.
    CYBERCYBER
    00.00%--
    2026/03/28

    Stablecoin $825M Pre-Deposit Flash Loan, Whale Entrance with $700M Before Official Announcement?

    In reality, only 274 addresses participated, and the community questioned the "serious whale wallet" practice.
    2026/03/24

    If the US and Iran have not reached an agreement in 5 days, what other cards does Trump have?

    A $100 Brent implies an approximate 30-40% "strike probability".
    CYBERCYBER
    00.00%--
    DIADIA
    00.00%--
    2026/08/12

    Exclusive: Overseas Cryptocurrency Exchanges Not Searchable in Korea... 65 on Google, 56 on Apple

    Among the 109 overseas virtual asset (digital asset) derivatives exchanges, it was found that 65 were not searchable on Google and 56 on Apple. If they are not supported on the Google Play Store and Apple App Store, users with smartphones running Android and iOS cannot use the related apps. Notably,...
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:bd@weex.com
    VIP Program:support@weex.com
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download