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3 Stablecoin Questions
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3 Stablecoin Questions
n agreement to provide
services or has a client relationship with the following company: Affirm Holdings Inc, Automatic Data Processing Inc, Block, Inc, Broadridge Financial Solutions Inc., Chime Financial Inc, Corpay
Inc, Fidelity National Information Services, Fiserv Inc., Global Payments Inc, Global-e Online Ltd., Klarna Group Plc, MasterCard Inc, Paychex Inc, PayPal Holdings, Inc., Q2 Holdings Inc, Shift4
Payments Inc., SS&C Technologies Holdings, Inc., Upstart Holdings, Inc., Verra Mobility Corp, Visa Inc., Western Union Co, WEX Inc.
Morgan Stanley & Co. LLC makes a market in the securities of Broadridge Financial Solutions Inc., Corpay Inc, Evertec Inc, Flywire Corp, Global-e Online Ltd., Jack Henry & Associates, Inc., Marqeta,
Inc., NerdWallet Inc., Q2 Holdings Inc, SS&C Technologies Holdings, Inc., Verra Mobility Corp, WEX Inc.
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of research, investor client feedback, stock picking, competitive factors, firm revenues and overall investment banking revenues. Equity Research analysts' or strategists' compensation is not
linked to investment banking or capital markets transactions performed by Morgan Stanley or the profitability or revenues of particular trading desks.
Morgan Stanley and its affiliates do business that relates to companies/instruments covered in Morgan Stanley Research, including market making, providing liquidity, fund management,
commercial banking, extension of credit, investment services and investment banking. Morgan Stanley sells to and buys from customers the securities/instruments of companies covered in
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