USBC draws additional USD 3 million under Payward loan, total outstanding rises to USD 18 million
USBC•Collateral and margin terms
The borrowing is secured solely by 479 Bitcoin held with Payward Financial. Collateral maintenance includes margin requirements and liquidation rights.
As of July 31, 2026, about a 22.3% drop in pledged Bitcoin value would have triggered a 130% collateral call ratio.
Additional borrowing under Payward facility
USBC drew USD 3 million in additional fixed-rate borrowing on July 28, 2026 under a master loan agreement with Payward Interactive.
The draw lifted total principal outstanding under the facility to USD 18 million. The interest rate is 8.5%, and the maturity is July 28, 2027.
The facility allows up to USD 25 million of borrowings for up to 12 months, subject to individual loan term sheets.
