debt
confidence high
sentiment neutral
materiality 0.65
USBC draws additional $3M under Bitcoin-backed credit facility; tokenized deposit product advances to Phase 2
USBC, Inc.
- Drew $3.0M under MLA with Payward Interactive; total $18.0M at 8.5% p.a., matures July 28, 2027.
- Borrowings secured by 479 Bitcoin held with Payward Financial; 22.3% BTC decline triggers 130% margin call.
- No collateral calls or liquidation events occurred as of July 31, 2026.
- Completed Phase 1 internal testing of tokenized deposit product; initiated Phase 2 with invited participants.
- Developed USBC Pay for merchant payments on iOS/Android; commercial launch subject to approvals.