Versabank · TSX:VBNK
Versabank — Florida Bankers Association Annual Meeting 2025
14 slides from Versabank's conference presentation, Jun 11, 2025
Slide 1: USDV: Introducing the Ultimate Stablecoin
USDV BUSINESS Introducing the Ultimate PLAN Stablecoin: APRIL 2021 The Only USD Digital Deposit Receipt Florida Bankers Association Annual Meeting June 11, 2025
Slide 2: Digital Deposit Receipts: A Real Deposit with a Real Bank
Digital Deposit Receipts A Real Deposit with a Real Bank 2
Slide 3: Gurpreet Sahota, President, DRT Cyber
• DRTC Cyber (wholly owned subsidiary of VersaBank): A North America leader in the provision of cyber security services to address the rapidly growing volume of cyber threats challenging financial institutions, multi- national corporations and government entities • Chief Cyber Architect of VersaBank
Slide 4: Cloud-Based, Branchless, Partner (B2B) Model
Cloud-Based, Branchless, Partner (B2B) Model Using VersaBank’s Proprietary Banking Technology Proprietary, state-of-the-art software based out of two technology centres Saskatoon, SK Minneapolis, MN Des Moines, IA • All deposits/credit (Azure Cloud Facility) London, ON assets managed digitally • No
Slide 5: Technological Innovation: Part of VersaBank's DNA for >30 Years
Technological Innovation: Part of VersaBank’s DNA for >30 Years • Founder, David Taylor, began career in software • World’s FIRST digital financial institution (1993) development for statistical analysis in biology • FIRST electronic deposit broker network (1993) • World’s FIRST “smart router”: Web
Slide 6: A Generational Shift in Banking Service Expectations
A Generational Younger generations increasingly prefer digital interactions over traditional banking methods Shift in Banking Service Declining use and interest in physical branches and traditional banking services among younger clients Expectations Essential to drive adoption of digital products to
Slide 7: USDV: The Ultimate Stablecoin
VersaBank’s The Ultimate Stablecoin Digital Deposit USDV: The US$ version of VersaBank’s proprietary Digital Deposit Receipt combines all the efficiencies, auditability Receipt and technical security of encrypted digital assets without the associated volatility and risks USDV Represents a deposit he
Slide 8: VersaBank's Digital Deposit Receipt USDV
VersaBank’s Digital Deposit Developed in Collaboration with Regulators • Initially developed in close collaboration with Canadian Receipt regulators and law enforcement USDV Secure Custody • Digital assets are securely and privately stored with a dual-chartered bank serving as custodian. A Market Re
Slide 9: Significantly Enhanced Customer Loyalty
USDV Significantly Enhanced Customer Loyalty Sticky Deposits Reduced funding costs and Lower-Cost Deposits Lower Cost Lower or no interest expectations as clients prioritize holding digital currency (USDV) Funding Very Sticky Deposits USDVs circulate digitally, reducing redemption frequency and enha
Slide 10: Powered by VersaVault
USDV Powered by VersaVault® The world’s first digital bank vault for securing blockchain-based assets and highly sensitive digital documents and data Developed by DRT Cyber, based on VersaBank’s internally developed security technology Specifically developed for security conscious enterprises, finan
Slide 11: The Highest Level of Security
USDV The Highest Level of Security Blockchain-Based Utilizes “Smart Contracts” • Distributed digital ledger using peer-to-peer • A set of simple computer code-based rules consensus to validate transactions recorded in [smart] and agreement [contract] between two “blocks” of data which are cryptograp
Slide 12: USDV Bridges Traditional Banking & the Digital World
USDV Bridges Traditional Banking & the Digital World Real Deposit with Best of Market-Ready “Bolt-On” to Existing a Real Bank Both Worlds Solution Means Banking Technology Immediate ROI Platforms Each USDV representing Digital convenience with Currently being Already successfully an actual dollar de
Slide 13: Stability, Security, and Convenience for Customers
Stability, Security, and Convenience for Customers Stability Digitally represents USD dollar deposits with FDIC-insured backing. Convenience Easy integration with wallets and digital platforms. Security Robust measures against fraud. Transparency Verifiable blockchain records. Compliance Regulatory
Slide 14: USDV: Introducing the Ultimate Stablecoin
USDV BUSINESS Introducing the Ultimate PLAN Stablecoin: APRIL 2021 The Only USD Digital Deposit Receipt Florida Bankers Association Annual Meeting June 11, 2025
VersaBank — Florida Bankers Association Annual Meeting 2025 on 6ix