On July 28, 2026, USBC, Inc. drew an additional $3.0 million fixed-rate borrowing under its Master Loan Agreement with Payward Interactive, Inc., bringing the aggregate outstanding principal to $18.0 million of the $25.0 million facility limit. The loan bears interest at 8.5% per annum and matures on July 28, 2027, secured solely by 479 Bitcoin held in custody with Payward Financial, Inc. A decline of approximately 22.3% in the collateral's value would trigger a margin call to the 130% coverage ratio as of July 31, 2026; no such events had occurred at that date. The company also reported progress on its USBC tokenized deposit product with Vast Bank, initiating Phase 2 testing and developing USBC Pay for merchant transactions ahead of a future commercial launch. USBC, Inc. operates in the fintech industry, focusing on blockchain-based tokenized deposit products and payment solutions.
