Jamie

So Blend allows you to do that.

And what it allows you to do is see that we're providing FX protection hedges.

So this was that illusion that Manny mentioned earlier.

But if you were using Blend and you were using our system, you would have 421 Brazilian real.

But if you just kept it in the real, you would have only had 410.

421 and now 410.

So by being in this, you've effectively hedged your FX by 10 Brazilian.

And you can see this across all the currencies we support.

Eventually, we're planning to roll out internationalization with our language support.

I mean, you can always just ask what's going on in your system.

We have this AI tool.

And then finally, what I think is the most interesting, and this is something that really speaks to the cross-border aspect of what we're really doing here.

Blend comes out of the box with FX swaps built into the protocol.

And what that means is if you have family in Singapore, for example, you can immediately and transparently swap your funds directly in at a rate that's much more fair than any other protocol or any other, honestly, any other system, traditional system.

you can convert it and then we it's all it's all gasless right so once that's done we're effectively we're effectively offering the user the ability to off ramp to a local bank and a local card and so when you use this you'll be able to take your money back send it to where you need to be or spend with it you can keep this whole money loop and in doing so your funds are constantly earning interest

And you're never really at risk.

We're protecting that with our synthetic hedges.

And so that's Blend.

It'll be live on the base app coming in the coming week.

We're live now.