---
schema_version: "secwatch.filing_event.v1"
accession: "0001074828-26-000058"
form_type: "8-K"
ticker: "USBC"
cik: "0001074828"
company_name: "USBC, Inc."
filed_at: "2026-08-03T20:56:59+00:00"
generated_at: "2026-08-03T20:58:25.503648+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# USBC draws additional $3M under Bitcoin-backed credit facility; tokenized deposit product advances to Phase 2

## Summary
- 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.

## SEC filing metadata
- accession: 0001074828-26-000058
- form_type: 8-K
- ticker: USBC
- cik: 0001074828
- company_name: USBC, Inc.
- filed_at: 2026-08-03T20:56:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074828/000107482826000058/0001074828-26-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074828/000107482826000058/usbc-20260728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001074828-26-000058
- JSON: https://secwatch.observer/filing/0001074828-26-000058.json
- Plain text: https://secwatch.observer/filing/0001074828-26-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.