USBC

Greg Kidd announced that he has signed an agreement to acquire a controlling stake in a publicly-traded company, which he will leverage to deploy a Bitcoin treasury strategy. Corporations are increasingly looking to digital assets for their advantages when it comes to store of value on the balance sheet.

5 months ago | [YT] | 0

USBC

When we think of banking, we typically think of formal banking relationships, but getting a bank account has strict identity requirements that excludes billions of people around the world. There's also informal financial tools such as traveler's checks, money orders, and prepaid cards—still supported by banks but with lighter ID checks. USBC bridges both worlds, the formal and the informal, enabling global accessibility and financial inclusion.

5 months ago | [YT] | 0

USBC

When you think about banking services, there's two types of customer relationships—formal v. informal. Formal relationships are when you have a proper checking account at the bank, which requires a higher bar for entry. Then there's informal relationships such as old school traveler's checks. It's issued by a bank and tied to an identity, but it's not a traditional bank account.

Informal bank relationships have enormous potential in this next chapter of money, and that's where USBC operates, bridging the gap between formal and informal banking.

5 months ago | [YT] | 0

USBC

When you think about banking services, there's two types of customer relationships—formal v. informal. Formal relationships are when you have a proper checking account at the bank, which requires a higher bar for entry. Then there's informal relationships such as old school traveler's checks. It's issued by a bank and tied to an identity, but it's not a traditional bank account.



Informal bank relationships have enormous potential in this next chapter of money, and that's where USBC operates, bridging the gap between formal and informal banking.

5 months ago | [YT] | 0

USBC

Traditionally, financial institutions (and their associated ledgers) live in siloes. They deal with bad actors by trying to keep them out, but because these siloed systems don't talk to each other, a bad actor could go and exploit them all one by one. With a unified ledger, bad actors will eventually get flagged and develop low-trust identities and reputations. The system makes it easier to behave ethically—not by punishing bad behavior, but by rewarding consistency and trust.

5 months ago | [YT] | 0

USBC

Legacy banking systems are outdated, slow, and expensive. Meanwhile, blockchain provides real-time payments 24/7/365. USBC provides the best of both worlds, giving users instant access to but TradFi and DeFi.

5 months ago | [YT] | 1

USBC

Bitcoin revolutionized money by showing the world that digitally native value that shared the spirit of the internet was possible. The issue? It lacks of the ease of use of traditional money. If you send your money to the wrong person, it's gone. For modern usage, things like convenience, consumer protections, and transaction reversibility are important. What if we can achieve that while retaining the advantages of blockchain?

5 months ago | [YT] | 0

USBC

Stablecoin transactions, like cash, aren't associated with an identity. So while, the Genius Act will expand licensed stablecoin activity, it leaves open the question of the rise of a "gray economy," where bad actors can operate without oversight.

5 months ago | [YT] | 1

USBC

If a dollar never leaves the country, is it considered a remittance? That's a central question to Trump's proposed 5% remittance tax. In the case of USBC transfers, when you send money to another person, that money stays in dollars, it stays in the U.S., and it stays within a single bank. The question is equally unclear when it comes to stablecoins, where entries are simply logged on a decentralized blockchain.


youtube.com/shorts/CL3bWU49Ei0

6 months ago | [YT] | 0

USBC

Buried in Trump's new tax bill is a 5% tax on remittances that only applies to non-U.S. citizens. Forgetting the concerns around equity and fairness for a second, such a tax would add an incredible amount of complexity to an already convoluted system. Not only would firms need to report to a central administration, they would have to start tracking data points such as citizenship status and recipient location. It also raises the technical question: What is a remittance, anyway?



youtube.com/shorts/jBvjQW1HMAI

6 months ago | [YT] | 0