Dec. 19 at 10:47 PM
$USBC 10-K – Key Takeaways:
• Regulated tokenized bank deposits, not a stablecoin
• Pre-revenue by design, launch after regulatory approval
• Tokens represent real bank deposits (insured banking partners)
• Full KYC/AML, bank governance & audits
• Conservative BTC treasury: institutional custody, yield-focused, no leverage
• No fixed BTC management fees — performance-based only
• Controlled company (Greg Kidd / Goldeneye) with simplified cap structure