What's Going on With Stable Coins?

When we launched you stt, over three years ago, we did it under the regulations that exist by banking supervisors throughout the united states. We are a hundred % in cash and cash equivalents, and we're committed to remain in that position until we see regulations say otherwise. An wedon't think this is going to be a moving target at overtime. John will qast you got ye. Nice. T me. Gavin again. A so there's about 32 billion us. D c in circulation. Talk about what actually backs that om and then going forward, will that change at all or be consistent?

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