The recent Phase 2 of Stablecoin Reserveholding Activity has successfully raised over $1.6 billion. This initiative is part of ongoing efforts to bolster stablecoin reserves. The phase aims to enhance the stability and reliability of stablecoins in the market. Investors have shown significant interest, reflecting confidence in the future of stablecoin usage and its potential growth. The raised funds will likely be allocated to further support and develop stablecoin infrastructure and operations.
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Last updated on November 8th, 2025 at 01:08 am
