STABLECOINS |
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| Schedule Of Movement Of Stablecoins | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| STABLECOINS | 8. STABLECOINS
Stablecoins consist of the following:
As of September 30, 2026, the Company held 3,338,935 USD Coins with the carrying amount of $3,338,923 and 9,432,391 Tether USD with the carrying amount of $9,432,242. Of these amounts, 3,021,000 USDC and 9,179,000 USDT were temporarily held in a digital asset account registered in the name of an employee, pending the establishment of a corporate account. The account was used exclusively for the Company’s assets and was managed and controlled by the Company’s management. Pursuant to a custody agreement, the Company retains all beneficial interests in these stablecoins, and the employee has no personal economic interest in them. The Company expects to transfer these assets to a corporate account by December 31, 2026.
The movement of the stablecoins for the three and nine months ended September 30, 2026 and 2025 is as follows:
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