Greetings and salutations! It's time for our February Product and Community Update, where we're thrilled to dish out all the exciting news and updates that we've been brewing up - so sit back, relax, and enjoy the ride! 🕺

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📍 What’s new?

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Download Stables from the App Store & Play Store!🔥

Our app is now live on the Google Play Store and Apple App Store! This is our first release and we're still working on many exciting functionalities, especially for users outside of Australia!

In this release, you can buy and sell USDC with AUD, fund your accounts with USDC and USDT on the Ethereum network, send USDC to your friends and family, and even become part of our exclusive OG squad. More fiat pairs and networks will be added soon, so stay tuned for further updates!

Download now

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Claim your founding membership role in Discord! 🤖

If you hold our founding member OAT, you have access to the exclusive "founding-members" channel. Here, you can get first access to our products, sneak peeks at upcoming features, exclusive benefits within the apps, and even the opportunity to shape the product as it develops!

Learn how to claim your role

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Multi-chains integration ⛓

Here at Stables, we totally get that lack of interoperability has been a major headache for crypto users for a long time. That's why we've been on a mission to tackle this issue since we first started working on our user-friendly stablecoin wallet. And now, we're thrilled to be taking things even further by building a bridge for USDC between additional EVM chains like Optimism, Polygon, Arbitrum, Fantom, BSC, ETH, and Avalanche. With more flexibility and options, our users will have an even smoother and more enjoyable experience on our app.

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Building on online card 🏗

In our previous community update, it was mentioned that the backend development for our stablecoin-powered card was completed. Currently, the frontend development is underway on both iOS and Android platforms. Our beta launch is planned for the middle of this year, with stablecoin cards and remittance payments. We can't wait to share it with you, so stay tuned for more updates!

Make sure to keep your eyes peeled for some exciting partnership announcements coming very soon 👀

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🌎 Crypto headlines in February

Hong Kong shows desire to be crypto hub with new regulation. Hong Kong regulators proposed new rules that would allow retail investors to trade large-cap tokens like Bitcoin and Ether on licensed exchanges.

OpenSea Goes Zero-Fee, Creator Royalties Optional. OpenSea temporarily removes marketplace fees and adjusts its blocklist to allow sales on NFT marketplaces with similar policies, enabling creators to earn full royalties without choosing between OpenSea and Blur.

Ethereum Sets February Date for Sepolia Testnet to Get Shanghai Hard Fork. Ethereum developers plan to upgrade the Sepolia testnet on February 28 and the Goerli testnet before upgrading the main Ethereum blockchain next month. The upgrades simulate staked ETH withdrawals and aim to improve the network.

Stablecoin Issuer Tether Reports $700M Profit for Q4 2022. Tether earned $700M in Q4, cut $300M in secured loans, and removed commercial paper from its USDT token reserves. Their holdings were mostly in US Treasury bills ($39.2B) as of Dec 31.

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🙋 Last but not least!

We’d love to hear what features you want in your wallet. Join us & get involved on your favourite platform.

See you next month! 💜

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