A Letter From the Founders of Everdawn Labs

Finance and software are converging. AI is creating a new class of economic participant. Emerging markets are leapfrogging legacy infrastructure. Money is becoming programmable. Markets are moving at software speed, and billions of people now expect finance to work like the internet.That creates an extraordinary number of problems worth solving. Everdawn exists to identify the important ones and build products that make a meaningful difference.We started by working closely with Tether, whose assets already have global demand, distribution, and trust. That gave us the chance to build around products people already use, expanding their reach and impact across more networks and markets. The same approach guides how we operate - start with existing demand, find what is getting in the way, and build technology that removes the constraint.There is still a huge gap between what modern technology makes possible and how much of finance works today. At the same time, entirely new markets are forming before the infrastructure to serve them exists.We cannot think of a more interesting time to be building. To everyone building with us, thank you. We are just getting started.

Kevin, Lorenzo & Keno