Mid Quarter Review: Executing with conviction and delivering across every key track. 1. USST Development USST’s stability architecture is progressing exactly as planned, reinforcing long-term confidence in its design. Feature Enhancements Tri Factor stability model under development for: - Incentive driven minting and burning for peg management - Partial burning of USST using YLD - Whitelisted transferability of YLD to enable seamless USST burn Minting - Institutional minting pipeline on track and aligned with upcoming feature releases - Expanding tokenized collateral coverage and preparing native minting beyond Ethereum (targeting January) 2. Partnerships Our collaboration pipeline continues to strengthen as we scale Money-as-a-Service (MaaS). - New USST integrations moving forward across DeFi. Coming soon. - ESS program on track with high-impact collaborations shaping the MaaS vision. Launching very soon - Stay tuned! 3. Multi Factor Staking (MFS) MFS continues to deliver sustained value while evolving for deeper, long-term participation. - V1.5 successfully launched with multiple active stakes and longer duration options - Committed airdrop for eligible V1 users fully executed - V1 delivered approximately 65 percent APR, reinforcing strong early performance 4. Analytics and Transparency We continue to lead with transparency, providing full, real-time visibility into ecosystem health. - USST and MFS dashboards live on Dune - Clear access to metrics, performance indicators, and system activity 5. Unlocks Our token strategy remains disciplined and predictable, ensuring clarity for all stakeholders. - STBL token unlocks are not entering circulation - Circulating supply remains unchanged