USBC, led by CEO Greg Kidd, former chief risk officer of Ripple Labs, today announced that it has reached strategic partnership agreements with Uphold, an on-chain financial infrastructure provider, and Vast Bank, a nationally chartered bank.
“Our agreements with Uphold and VastBank further define our vision for a digital dollar of banking regulation,” Kidd said in a statement.
The final tripartite agreement formalizes the October 2025 Memorandum of Understanding and outlines cooperation across regulatory, banking and technology stacks.
The initiative is expected to support tokenized deposits, including faster payments, improved treasury operations, and digital asset services, pending regulatory approval.
“With this final tripartite agreement, USBC, Vast, and Uphold formally agree to join forces to continue building the regulatory, banking, and technology stacks needed to bring a trusted digital dollar to everyday use at scale.”
NYSE-listed USBC (formerly known as Know Labs) announced a rebrand in August 2025 following the acquisition of a controlling interest by Goldeneye 1995 LLC for $125 million.
The company holds 1,000 Bitcoins worth approximately $89 million and is focused on USBC deposit tokens, digital assets, and Bitcoin treasury strategies to drive innovation and long-term shareholder value.
