FTUSD-USDC
FTUSDsource: StableLens reference & flow dataReport incorrect data
Frequently asked
Is FTUSD-USDC FDIC or SIPC insured?
No. FTUSD-USDC is a crypto earn product, not a bank deposit — the FTUSD is held and deployed by convex-finance, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~0% yield come from?
FTUSD-USDC deploys the deposited FTUSD to generate the rate; it is variable, not fixed.
Is FTUSD safe?
FTUSD scores C/40 on StableLens compliance. That is a methodology classification, not a guarantee — see the FTUSD report for reserves, attestations, and peg history.
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