Investor Presentaiton

Understand Eurodollars, understand Stablecoins Eurodollar A dollar-denominated liability of a bank located outside the U.S. VS. Stablecoin Typically dollar-denominated liability of a (mostly non-US) issuer, circulating on a public blockchain Most stablecoins are tokenized eurodollars (~75%) The emergence of stablecoins closely analogizes to the origins of eurodollars PAST - Lessons from Eurodollars M

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