Stablecoin is one of the most obvious growth areas of crypto

Issuance up 2X in past 18 months. Up 10X in last 5 years

There is a liquid token that is the clear indexed-way to play this secular trend w/o having to pick winners and losers. Category leader with no competitor. Top tier team. Fully vested. Fair valuation. Built and endured through many cycles

Bc it’s biz model has evolved so much in the last 2 yrs - we believe it is poorly understood by the mkt and mispriced for the opportunity ahead

Memo coming in the next 1-2 weeks

Stablecoin Expansion ↔️