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What's new

Community update: October 2022

Elsa Zhang
• Publilshed
October 15, 2022

It’s been action-packed here at Stables. Get the lowdown on whats new👇

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📍 What’s new?

First up, we’re glad to announce that we’ve launched & expanded into 150+ countries globally. Now you can sign up and deposit, store and send stablecoins. Read more about it here.

We’ve also added two new stablecoin options for deposits: BUSD and USDT. We want to support as many ways to deposit as possible, so let us know what other stablecoin options you’d like to see.

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🏆 Giveaways Galore

Now for the fun part—to celebrate take off, we’re giving away $100 USDC to 10 lucky winners, over 10 days (31st Oct-9th Nov). To be eligible for the giveaway, simply make a deposit of $50 USD or more during this time period. Don’t miss out!

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Plus, we partnered with Smoothie and Galxe to giveaway a free digital collectible to our founding members. Learn how to get your NFT here

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🌎 Crypto headlines in October

Tether makes USDT available at 24,000 ATMs across Brazil on Nov 3. Tether has entered into an agreement with Brazilian crypto services provider SmartPay to enable the conversion of USDT to Brazilian reals.

Mastercard will help financial institutions offer cryptocurrency trading. Mastercard will act as a bridge between Paxos, a crypto trading platform used by PayPal, and banks.

Reddit’s Polygon-based avatars are surging. 3 million Polygon wallet addresses have been created to scoop up NFTs. Sales are surging as collectors see Reddit’s NFT as a major trading opportunity.

FTX is working on creating a stablecoin. Sam Bankman-Fried, FTX’s CEO, said it’s very likely FTX will create a stablecoin in an interview.

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🙋 Last but not least!

We’re making Stables for you, so we’d love to hear what features you want in your wallet. Join us & get involved on your favourite platform.

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See you next month! 💜

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Stables powered by Tiiik Pty Ltd ACN 639 448 490 is a registered Digital Currency Exchange (DCE) provider with AUSTRAC - DCE100780083-001. Tiiik is also registered as an independent remittance dealer with AUSTRAC - IND100780083-001

The Stables Card Mastercard® powered by Tiiik Pty Ltd is issued by EML Payment Solutions Limited ABN 30 131 436 532, AFSL 404 131 ("Issuer"), and is managed by Mastercard Prepaid Management Services Australia Pty Ltd ABN 47 145 044, AFSL 386 837. You should consider the Product Disclosure Statement and Target Market Determination for this product located here. Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider if it is appropriate for you.

* Subject to any surcharge that may be imposed directly by merchants. The Stables Card is unable to be used for purchases related to gambling or adult entertainment. Currently the Stables Card cannot be used in the following countries and geographical regions due to sanctions that are currently in place: Crimea, Iran, North Korea, Sudan, Syria, Donetsk and Luhansk. If you attempt to use your card at merchants in any of these countries and geographical regions, your request will be declined. Additionally, all Mastercards will not work at Russian merchants. In addition, the POS terminals are not owned or operated by the Issuer or Mastercard Prepaid Management Services Australia Pty Ltd and the Issuer or Mastercard Prepaid Management Services Australia Pty Ltd are not responsible for ensuring that merchants will accept the Stables Card. For example, the Issuer and Mastercard Prepaid Management Services Australia Pty Ltd cannot control when a POS terminal is due for maintenance or is faulty of if a merchant chooses not to accept the Stables Card. In such cases, your Stables Card may not function properly or be declined. For more information please see the Product Disclosure Statement.

** Some merchants may charge their own fees and set their own limits.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

The Stables Send product is issued by OmiPay Pty Ltd ACN 612 481 768 (AFSL 495025) (“Issuer”) and distributed and administered by Tiiik Pty Ltd trading as Stables (“Stables”) ACN 639 448 490 (AFS Representative No. 001308192). You should consider the Product Disclosure Statement, Financial Services Guide and Target Market Determination for this product located here. Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider if it is appropriate for you."