Is your transaction marked as pending and want to know what's going on?
Here are a couple of reasons why your transaction may be pending in your Stables wallet.
Sending fiat to your bank account.
One possible reason is that the deposit is being converted from stablecoins to fiat currency. This process can take some time to complete and appear in your bank account. Additionally, larger transaction amounts may require additional security checks before processing is completed, which could delay the deposit further.
Sending stablecoins to your wallet.
Another possible reason is that your send transaction is being processed on the blockchain network. Larger transactions may also require enhanced verification processes due to security measures, potentially adding to the delay.
Blockchain transactions can take some time to be confirmed and added to the blockchain, which can cause delays in the funds appearing in your wallet. It's also possible that a high number of transactions on the blockchain network can slow down the process. The Stables team actively monitors transactions affected by network congestion to mitigate these delays as much as possible.
In either case, the transaction will appear in your wallet. If you are concerned about the delay, you can check the transaction status on the blockchain explorer or contact our support team in-app!
Recommendations to Mitigate Delays
Double-check transaction details to minimize the likelihood of errors causing additional processing delays.
Reach out to the Stables support team if your transaction remains delayed for an extended period.
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