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USBC Supports FDIC's Proposed Rule to Implement the GENIUS Act

RENO, Nev., June 17, 2026 (GLOBE NEWSWIRE) -- USBC, Inc. (NYSE American: 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 submitted a comment letter to the Federal Deposit Insurance Corporation (“FDIC”) to express its support for how tokenized bank deposits will be treated under federal banking rules in response to the FDIC's request for public feedback on the proposed rule to implement parts of the GENIUS Act. Read USBC's full letter to the FDIC here.

USBC Executes Definitive Agreement with Uphold and Vast Bank to Advance Tokenized Bank Deposit Initiative

Strategic partnership to help support the further development and commercialization of regulated, tokenized bank deposits for digital dollar use cases across institutional and retail markets Strategic partnership to help support the further development and commercialization of regulated, tokenized bank deposits for digital dollar use cases across institutional and retail markets