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👇

📍 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.

🏆 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!

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

🌎 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.

🙋 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.

See you next month! 💜

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