Stable Extends Phase Two of KYC Verification as Its Layer-1 Stablecoin Ecosystem Expands

Stable, a next-generation Layer-1 blockchain backed by Bitfinex and Tether, has extended the second phase of KYC verification for its ongoing pre-deposit campaign. The new deadline — November 13 at 7:59 AM (UTC+8) — gives participants more time to complete identity verification ahead of the project’s upcoming ecosystem launch. The move highlights Stable’s focus on creating a compliant and user-friendly gateway into the future of stablecoin-powered finance.

KYC Phase Two Extended for Pre-Deposit Participants

Stable, the new Layer-1 blockchain purpose-built for the stablecoin economy, has announced an extension for the second phase of KYC (Know Your Customer) verification related to its pre-deposit campaign.

(Sources: Stable website)

The decision was made to provide users with additional time to complete their identity verification and confirm eligibility for participation and upcoming ecosystem rewards. Stable emphasized that compliance and user protection remain central to its operations, ensuring that every verified participant enjoys a transparent and secure experience.

About Stable: Building the Foundation for the Stablecoin Era

Stable is a next-generation Layer 1 blockchain designed to optimize how stablecoins function on-chain. Backed by Bitfinex and Tether Operations Limited — the company behind USDT, the world’s largest stablecoin — Stable introduces a network where USDT can be used as native gas for transactions.

This architecture eliminates complex bridge mechanisms, reduces transaction costs, and allows stablecoin-based smart contracts to operate seamlessly within a unified ecosystem. The project raised $28 million in seed funding earlier this year to accelerate its development and adoption.

By focusing exclusively on stablecoin efficiency, Stable aims to deliver:

• Lower fees and faster cross-chain value transfer
• Simplified user experience without bridge dependencies
• Enhanced stablecoin utility for DeFi, payments, and settlements

The Strategic Role of Stable in the Blockchain Landscape

As stablecoins become essential in global finance and cross-border payments, a blockchain built specifically around their use case addresses one of the industry’s biggest bottlenecks — scalability with regulatory clarity.

With the support of Tether and Bitfinex’s infrastructure expertise, Stable’s Layer-1 approach could position it as the core infrastructure for tokenized money — bridging traditional finance and decentralized systems.

However, analysts note that the network’s long-term success will depend on ecosystem growth, developer adoption, and maintaining transparent, compliant operations in line with global standards.

Why the KYC Extension Matters

The KYC extension ensures fairness and accessibility for all early participants in Stable’s pre-deposit program. Verification is essential to:

• Secure user eligibility for platform rewards and early access
• Maintain compliance with financial regulations
• Protect participants through transparent identity validation

Users who have not yet completed their Phase Two verification are encouraged to log in to the Stable platform and submit their required information before the new deadline.

Looking Ahead

As Stable continues to develop its Layer-1 network and prepare for full ecosystem launch, the project remains committed to building a secure, transparent, and compliant environment for the global stablecoin economy.

By combining regulatory responsibility with technical innovation, Stable seeks to redefine how digital assets and tokenized currencies interact — making stablecoins truly native to the blockchain.