[Hourglass: Phase 2 KYC Verification for Stable Pre-Deposit Vault Must Be Completed by November 12 at 7:59 AM] Hourglass posted on Platform X stating that the Phase 2 KYC verification link for the Stable Pre-Deposit Vault is now live. Over 24,000 wallets, representing approximately $1.74 billion in deposits, have successfully passed the wallet screening. Frequently Asked Questions: 1. Each user must complete the KYC verification by 7:59 AM Beijing Time on November 12 (11:59 PM UTC on Tuesday, November 11). 2. Users who previously failed to complete the KYC verification can do so during this period. If a deposit has been made but the KYC verification link has not been received, it means the wallet did not pass the Chainalysis wallet screening. In such cases, users can withdraw USDC directly from the contract at any time. 3. The KYC verification link can only be accessed through the Hourglass front-end on the user dashboard. Do not trust links sent from other sources. KYC vs. KYB: KYC applies to individuals; KYB applies to businesses and entities. 4. If your KYC verification is rejected, do not resubmit immediately. For users who may have been rejected due to errors, Hourglass Discord will announce the process for reapplication.