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GlobeNewswire·

USBC Expands Team With Former Apple Pay and Cash App Partnerships Lead

  • USBC, Inc. (NYSE: USBC) announced the appointment of Dave Baldwin as Head of Partnerships to lead strategic partnerships, commercial growth, & ecosystem development.
  • Baldwin will manage relationships across banks, payment networks, fintechs, infrastructure providers, & enterprise partners to advance the company's tokenized deposit platform.
  • Greg Kidd, Chairman & CEO of USBC, highlighted Baldwin's track record of scaling digital wallets & payments for Apple Pay & Cash App.
  • Baldwin cited strong interest in USBC's infrastructure from prospective partners & emphasized the significance of tokenized deposits as a major shift in financial infrastructure.
  • The company recently expanded its invite-only pilot program for tokenized deposits following internal testing, with plans to allow partners to integrate USBC widgets post-launch.
  • USBC has implemented a bitcoin treasury strategy & focuses on developing a U.S.-dollar denominated tokenized deposit with embedded digital identity.
  • The press release includes forward-looking statements regarding product launches, partnership results, & regulatory developments that are subject to risks & uncertainties.