USBC, Inc.
investors.usbc.xyzWhat Do They Do?
Develops a blockchain-based tokenized bank-deposit platform for retail users, fintech partners, and institutional customers.
10-K for FY2025, filed Mar 25, 2026Completing delivery of our USBC tokenized deposit offering, which is a U.S. dollar-denominated tokenized representation of deposit…View ↗
Our primary focus is on the further development and future launch of our tokenized deposit program. The tokenized deposit program has been…View ↗
Our platform is being designed to serve a broad group of customers in the emerging blockchain-based banking ecosystem, including retail…View ↗
Retail Deposit Customers: Individual customers who maintain traditional deposit accounts at our partner insured depository institutions.…View ↗
Distribution Partners: Financial technology companies and other partners who will integrate our tokenization platform to expand their…View ↗
Institutional Counterparties: Businesses, exchanges, and institutional investors that use our infrastructure for large-scale transactions…View ↗
Who Are Their Customers?
The planned platform targets retail depositors, fintech distribution partners, and businesses and institutional investors. Retail users are expected to access it through digital wallets and partner banks; fintech partners can integrate the platform to reach their own customers.
10-K for FY2025, filed Mar 25, 2026Our platform is being designed to serve a broad group of customers in the emerging blockchain-based banking ecosystem, including retail…View ↗
Retail Deposit Customers: Individual customers who maintain traditional deposit accounts at our partner insured depository institutions.…View ↗
Distribution Partners: Financial technology companies and other partners who will integrate our tokenization platform to expand their…View ↗
Institutional Counterparties: Businesses, exchanges, and institutional investors that use our infrastructure for large-scale transactions…View ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 7, 2026
−$20.8MView ↗
- ▲ +1260% (Loss)
- vs −$1.5M in Q2 FY2025
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Aug 24, 2026
CFO plans to move to Vast Bank
Kitty Payne notified USBC that she intends to become Vast Bank's CFO; USBC said it had identified her successor.
Sources
8-K, filed Aug 24, 2026
On August 21, 2026, Kitty Payne notified USBC, Inc. (the "Company") of her intention to transition from the position of Chief Financial…View ↗
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Aug 24, 2026
Names Daniel Beck as CFO
Daniel J. Beck was appointed chief financial officer, effective August 27, 2026.
Sources
8-K, filed Aug 24, 2026
On August 21, 2026, USBC, Inc. (the “Company”) appointed Daniel J. Beck to serve as the Company’s Chief Financial Officer, effective August…View ↗
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Apr 2, 2026
Completes sale of legacy sensor business
The buyer owes USBC a share of future net revenue from products using the transferred technology.
Sources
8-K, filed Apr 2, 2026
On March 27, 2026 (the “Closing Date”), USBC, Inc. ("USBC" or the “Company”) completed the divestiture of its legacy non-invasive sensor…View ↗
From sensors to digital banking
The older report centered on proprietary sensor technology and development of a non-invasive glucose monitor; the latest report centers on a blockchain-based tokenized-deposit platform and related financial services.
10-K for FY2022, filed Dec 20, 2022 10-K for FY2025, filed Mar 25, 2026
Who Do They Compete With?
Competes with JPMorgan, Bank of America, Citigroup, Wells Fargo, PayPal, Revolut, Tether, and Circle
10-K for FY2025, filed Mar 25, 2026Traditional Banks: Large incumbent banks and financial consortia are reported to be developing their own blockchain-based payment networks…View ↗
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