All standard USD balances are held as cash in pooled custodial accounts operated by a chartered, qualified custodial trust company. The trust company holds the funds at one or more banks insured by the Federal Deposit Insurance Corporation (“FDIC”) and/or in US Treasury instruments. The custodial accounts have been established in a manner to provide eligibility for pass-through FDIC insurance up to the depositor coverage limit, which is currently $250,000 per individual.
Funds in AnchorUSD Interest Accounts are protected by AnchorUSD’s commercial criminal and cyber insurance policies. The policies insure against theft that results from a security breach or hack, employee theft, or fraudulent transfer.
Our policy does not cover any losses resulting from unauthorized access to your AnchorUSD account. It is your responsibility to use a strong password and maintain control of all login credentials you use to access AnchorUSD.
