Stable’s initial large depositors are liquidating their deposit certificates through their own liquidity pool, currently priced at a 14% premium

Large depositors from Stable have created a liquidity pool on Uniswap featuring deposit certificate token ctStableUSDT and USDT, with around 13.9 million USD in liquidity.

In the first phase of their pre-deposit program, only 274 addresses were involved in raising 825 million USD. The second phase is expected to launch next week.