Investor Presentaiton

Stables are catching up to established settlement networks Billions $1,000,000 Fedwire $100,000 ACH $10,000 Visa $1,000 Remittances $100 Paypal $10 Annual volume of stablecoins vs other financial systems $1 2013 2014 2015 Stablecoins Stablecoins 2016 2017 2018 2019 2020 2021 2022 Paypal Remittances -Visa -ACH Fedwire In the space of 6 years, stables have gone from ~O to near parity with Visa Stablecoin figures are adjusted on- chain transaction value for major stables via Coin Metrics PRESENT - Stables are the killer app 6

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