I'm thrilled to announce BVNK's expansion of our enterprise-grade stablecoin services across all 50 U.S. states, including New York. We’re partnering with Paxos for stablecoin capabilities that power payments for our entire U.S. user base.

We aim to be the go-to partner for US enterprises that are leveraging stablecoins. By combining Paxos’s capabilities as a regulated Trust and qualified custodian with our existing global licenses for crypto and fiat, our customers will be able to operate seamlessly across borders and currencies.

As the only full-stack provider in the stablecoin payments space, we're uniquely positioned to support businesses at every stage of their stablecoin journey – from managed payments to self-managed and embedded solutions.

Since entering the U.S. market, we've seen remarkable traction. In just the past 60 days, our transaction volumes have quadrupled, putting our US business alone on track to exceed $10 billion in run-rate volumes by year-end. 

This growth is driven by forward-thinking enterprises recognizing the transformative potential of stablecoins:

• Flywire (Nasdaq: FLYW) is leveraging our infrastructure to power stablecoin acceptance on their network.
• Worldpay is enabling stablecoin payouts to expand their global merchant reach.
• Highnote is set to eliminate costly weekend pre-funding by tapping into the 24/7 nature of stablecoins. 

These examples underscore how stablecoin technology is reshaping global finance.

BVNK is already processing over $15 billion in annualized volume for hundreds of businesses like LianLian Global, Deel, and dLocal. With backing from Haun Ventures, Coinbase Ventures, and Visa, we're well-positioned to meet the growing demand in the US for scalable stablecoin solutions.

As we prepare to launch our expanded U.S. services, we're excited about the new possibilities this opens up for businesses ready to embrace the future of finance. Stay tuned for further updates as we roll out these expanded capabilities.