EXHIBIT 10.2
Stablecoin Development Corp
July 16, 2026
VIA EMAIL
Henry Blynn
Dear Henry:
This letter (the “Amended and Restated Agreement”), effective as of the date hereof (the “Effective Date”), will confirm the terms of your employment with Stablecoin Development Corporation (f/k/a NovaBay Pharmaceuticals, Inc.), a Delaware corporation (the “Company”). You have previously provided services to the Company as a consultant pursuant to that certain Consulting Agreement dated October 16, 2025, as amended by that certain First Amendment to Consulting Agreement dated February 3, 2026 (collectively, the “Prior Consulting Agreement”), and as Head of Business Operations and Strategy pursuant to the employment agreement dated March 31, 2026, which this Amended and Restated Agreement amends and is being entered into in connection with the transition of your role as Head of Business Operations and Strategy to Chief Operating Officer of the Company.
1.** Position and Duties. **
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