Security is our #1 priority. Your non-Crypto (USDC) funds are FDIC insured, fully backed by the U.S government, up to $250,000.
FDIC insured means that no matter what happens, the cash in your account (up to $250,000) is safe.
On the FDIC website, our partner bank Evolve Bank & Trust.
The best way to confirm this partnership is to email firstname.lastname@example.org and they can help provide verification on the FDIC insurance. Synapse is the company that connects us with Evolve.
*Please note that 20% of funds held in the crypto bucket are not FDIC insured. However, we only work with reputable and trusted providers to ensure your funds are in good hands. Learn more about the safety of our Crypto Buckets here.