Common Stock, $0.01 par value per share

Stablecoin Development Corp

2000 Powell Street, Emeryville, CA, 94608

As of June 15, 2026, the Reporting Person may be deemed to beneficially own 4,000,000 shares of Common Stock, representing approximately 7.4% of the outstanding Common Stock. The percentage is calculated based on 50,449,780 shares of Common Stock outstanding as of June 15, 2026, as reported in the Issuer's Current Report on Form 8-K filed on June 17, 2026, plus the 4,000,000 shares issuable to the Reporting Person upon exercise of the first tranche of the Warrant within 60 days. Because 4,000,000 shares no longer exceed the Beneficial Ownership Limitation, the full first tranche is included in the Reporting Person's beneficial ownership. The Reporting Person disclaims beneficial ownership of any shares of Common Stock issuable upon exercise of the Warrant in excess of the Beneficial Ownership Limitation, including the second and third tranches, which are not exercisable within 60 days.

Upon and following exercise of the Warrant, the Reporting Person will have sole voting power and sole dispositive power with respect to the 4,000,000 shares issuable upon such exercise. The Reporting Person does not currently have voting or dispositive power over any shares of Common Stock.

Except as described in this Amendment, the Reporting Person has not effected any transaction in the Common Stock during the past 60 days. The change in the Reporting Person's beneficial ownership percentage resulted solely from the increase in the Issuer's outstanding shares of Common Stock described in this Amendment, and not from any acquisition or disposition of securities by the Reporting Person.

Not applicable.

Not applicable.