USBC, Inc. appointed Daniel J. Beck as its new Chief Financial Officer and Principal Financial and Accounting Officer, effective August 27, 2026. Mr. Beck will receive an annual base salary of $400,000 and is eligible for a stock option grant of 2,500,000 shares under the company's equity incentive plan, subject to Compensation Committee approval and standard four-year vesting. The appointment is at-will with no severance arrangements. Mr. Beck brings extensive financial leadership experience from SVB Financial Group, BancWest Corporation, and other major financial institutions. However, he is a named defendant in multiple pending civil and securities litigations arising from his tenure as CFO of Silicon Valley Bank and its holding company following their 2023 collapse. The company operates in the fintech industry.

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.

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.

Goldeneye 1995 LLC, holding 92.2% of voting power, approved a reverse stock split with a ratio between 1-for-2 and 1-for-5. The split may be implemented within twelve months of June 15, 2026. USBC, Inc. is a financial technology company developing tokenized deposit products using blockchain technology.