Archblock enables open access to financial opportunities and global trade with its Archblock Stablecoin portfolio and Archblock Marketplace. Archblock launched the first institutional-grade fiat-backed stablecoin, TrueUSD (“TUSD”), in 2018. As of June 30, 2023, the market capitalization of TUSD exceeded $3.0B. TUSD was launched as a proof of concept and has since sold the economic rights to and transferred the ownership and operations of the stablecoin to Techteryx. Similar to TUSD, Archblock Stablecoin can build white-label stablecoins for others. Archblock Stablecoin operates a portfolio of fiat-backed stablecoins: 1GBP, 1EUR, 1CAD, and 1AUD and is providing white label services for others. While the first use-case for the Archblock Stablecoin portfolio was to provide users with a secure and trusted on- and off-ramp for on-chain investors, the use cases have since expanded. Stablecoins can serve as the foundation for the next generation of finance rails and benefit from the transparency, immutability and streamlined execution of blockchain technology.