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Stablecoin Development Corp balance sheet

At the end of fiscal 2024, Stablecoin Development Corp had total assets of $3.4m, total liabilities of $3.6m and shareholders' equity of −$129,000. It held $430,000 in cash against $500,000 of debt: net debt of $70,000.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 2024LTMSept 2025
Cash and equivalents11128131152103371285302
Receivables—1011012431122100
Inventory———0011100013310—
Total current assets—141518157514999141311723
Goodwill———————————0500——
Total assets—16161916851510911152416933
Accounts payable—0002220010011100
Deferred revenue (current)—1110002210000———
Total current liabilities—3334354546334431
Short-term debt—0———————————————
Total debt00000000003000110
Total liabilities—5757610874103146642
Shareholders' equity131091492−573511210113−01
Non-controlling interests and other (assets − liabilities − equity)————————————————1
Net debt (negative = net cash)−11−11−8−13−11−5−2−10−3−3−4−12−7−5−20−2
Shares outstanding————————15m17m——34m51m——6m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Stablecoin Development Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Stablecoin Development Corp.