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USBC (NYSE: USBC) launches Phase 1 internal pilot for tokenized deposits

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

USBC, Inc. has begun Phase 1 of a multi-phase delivery strategy to launch its USBC tokenized deposit offering. This first phase is a pilot with a limited group of internal employees who voluntarily participate in an extended test.

The pilot runs in a non-production environment, is not a consumer offering, and is not available to the public. Results from Phase 1 will guide the Company’s evaluation of when a retail tokenized deposit product might be offered, with later phases and any launch timeline subject to regulatory, board, and bank partner approvals.

The Company notes that information about its business and operations may be shared through its investor relations website, the USBC ecosystem site, SEC filings, press releases, and specified social media channels, and includes forward-looking statements that are subject to risks such as regulatory approvals, market adoption, and technological developments.

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Insights

USBC starts an internal pilot for its tokenized deposit, with any retail launch dependent on approvals and pilot results.

USBC, Inc. is moving from planning to early execution by starting Phase 1 of its tokenized deposit delivery strategy with internal employees in a non-production environment. This step focuses on technical readiness rather than commercial rollout, and no consumer-facing product is offered yet.

The Company states that results from this phase will inform the timing of any retail tokenized deposit offering. It also highlights that the overall launch remains subject to regulatory, board, and bank partner approvals. This makes the initiative contingent on both successful technical testing and external decision-making, so actual market introduction depends on future outcomes and approvals detailed in subsequent disclosures.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 10, 2026

 

USBC, INC.
(Exact name of registrant as specified in its charter)

 

Nevada   001-37479   90-0273142

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

300 E 2nd Street, 15th Floor, Reno, NV   89501
(Address of principal executive offices)   (Zip Code)

 

775-239-7673
(Registrant's telephone number, including area code)

 

 
(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001   USBC   NYSE American LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

Emerging Growth Company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 8.01 Other Events.

 

USBC, Inc. (the “Company”) is announcing the initiation of Phase 1 of its multi-phase delivery strategy to bring its USBC tokenized deposit offering to market. This initial phase is being conducted with a limited group of internal users who have elected to participate in an extended employee pilot. The results of this phase will inform the Company's evaluation of timing for when the tokenized deposit offering is expected to be made available to retail customers. The pilot is not a consumer offering, is not being made available to the public, and is intended solely to begin technical readiness testing in a non-production environment. The timing of subsequent phases of the delivery strategy will be subject to the outcome of the results of Phase 1 of the delivery strategy. The ultimate retail product launch timeline remains subject to the full execution of the delivery strategy and receipt of all requisite regulatory, board, and bank partner approvals.

 

Investors and others should note that information about the Company is available on the Company's investor relations website (https://investors.usbc.xyz), the USBC ecosystem site (https://usbc.xyz), in the Company's filings with the U.S. Securities and Exchange Commission (“SEC”), press releases, public conference calls, podcasts and webcasts. The Company uses its investor relations website, press releases, SEC filings, and the social media channels listed below as part of its recognized channels for the distribution of material information. Information about the Company, its business, and its results of operations may also be announced by posts on the following USBC ecosystem social media channels:

 

USBC’s X feed (@USBCxyz)

USBC’s LinkedIn page (linkedin.com/company/usbcxyz)

USBC's Substack (https://usbc.substack.com)

 

The information posted on these social media channels could be deemed to be material information about the Company. As a result, investors, the media, and others interested in the Company are encouraged to review the information that is posted on these social media channels. These channels may be updated from time to time on the Company’s investor relations website.

 

These corporate websites and social media channels, and the contents thereof, are not incorporated by reference into this Current Report on Form 8-K nor deemed filed with the SEC.

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the testing phase of the delivery strategy for the Company’s tokenized deposit product offering as well as the expected timing of the future launch of the Company’s retail tokenized deposit product offering. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which may cause actual results to differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to, regulatory approvals, market adoption, technological developments, and other risks and uncertainties more fully detailed in the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K for the fiscal year ended September 30, 2025, Forms 10-Q and 8-K, and other reports filed with the SEC from time to time. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from those expressed or implied in such statements. Forward-looking statements contained in this announcement are only made as of this date, and the Company undertakes no duty to update such information after the date of this announcement except as required under applicable law.

 

 

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

 

 

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  USBC, INC.  
       
Date: March 10, 2026 By: /s/ Kitty Payne  
  Name: Kitty Payne  
  Title: Chief Financial Officer  

 

 

 

 

 

 

 

FAQ

What did USBC (USBC) announce in its March 10, 2026 8-K?

USBC, Inc. announced Phase 1 of its multi-phase strategy to launch a USBC tokenized deposit offering. This first phase is an extended employee pilot with a limited group of internal users, aimed at testing technical readiness in a non-production environment before any potential retail launch.

Is USBC’s tokenized deposit pilot currently available to the public?

No, the pilot is not available to the public and is not a consumer offering. It involves only a limited group of internal users who elected to participate. The goal is to conduct technical readiness testing in a non-production environment before considering any future retail tokenized deposit product.

What will determine the timing of USBC’s retail tokenized deposit launch?

The timing will be informed by the results of Phase 1 of the delivery strategy. The Company states that later phases and any ultimate retail launch timeline depend on the full execution of the strategy and receipt of all requisite regulatory, board, and bank partner approvals.

What approvals are required before USBC’s retail tokenized deposit can launch?

The Company indicates the retail product launch timeline is subject to receiving all requisite regulatory, board, and bank partner approvals. These approvals are in addition to successfully completing the multi-phase delivery strategy that begins with the internal employee pilot in a non-production environment.

Where can investors find official information and updates about USBC (USBC)?

USBC directs investors to its investor relations website, the USBC ecosystem site, SEC filings, press releases, public conference calls, podcasts, webcasts, and specified social media channels. It notes information posted on these social media channels could be considered material and may be updated over time.

What risks does USBC highlight regarding its tokenized deposit delivery strategy?

USBC notes forward-looking statements are subject to risks and uncertainties. These include regulatory approvals, market adoption, technological developments, and other risks discussed in its Risk Factors section in the latest Form 10-K, Forms 10-Q and 8-K, and other reports filed with the SEC.

Filing Exhibits & Attachments

3 documents
USBC INC.

NYSE:USBC

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Scientific & Technical Instruments
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