On August 21, 2026, Kitty Payne notified USBC, Inc. of her intention to transition from the role of Chief Financial Officer to become the CFO of Vast Bank, N.A., a wholly-owned subsidiary of affiliated entity Vast Holdings, Inc., effective August 31, 2026. The move supports the company's tokenized deposit initiative, with Vast Bank serving as the initial issuing bank. Payne’s departure is not due to any disagreement regarding operations or policies. USBC, Inc. has identified a successor and expects to announce the appointment separately. The company operates in the financial technology sector, focusing on blockchain-based solutions and digital asset services.
