USBC Finalizes The Terms Of Its Strategic Business Partnership With Uphold; The Parties Expect The Agreement To Potentially Support A Wide Range Of Use Cases For Tokenized Deposits

USBC, Inc. (NYSE:USBC) ("USBC" or the "Company"), a publicly-traded technology company that seeks to enable the transformation of traditional U.S. bank dollars into secure, compliant tokenized deposits, today announced that it has finalized the terms of its strategic business partnership with Uphold, the infrastructure provider for on-chain finance and nationally-chartered Vast Bank.

"Our agreement with Uphold and Vast Bank more clearly defines our vision for bank-regulated digital dollars," said Greg Kidd, CEO of USBC. "With this definitive triparty agreement, USBC, Vast, and Uphold are formally agreeing to combine efforts to continue building the regulatory, banking, and technology stack needed to bring trusted digital dollars into everyday use at scale."

The parties expect the agreement to potentially support a wide range of use cases for tokenized deposits, including faster settlement, improved treasury operations, and new digital asset services for institutional and retail clients, subject to applicable regulatory approvals and technical milestones.

The definitive triparty agreement formalizes the memorandum of understanding signed by USBC, Vast Bank and Uphold in October 2025.