Are stablecoins in a business account FDIC insured?

If your company needs an account that takes USDT and USDC and pays out in USD, EUR, GBP or AED, Align offers a stablecoin business account.

The wider picture

The key points from the guide this answer comes from:

1. A stablecoin business account lets a company hold stablecoins next to ordinary balances and move between them. What sits behind that varies a lot: bank deposits, a provider's partners, or a wallet you control.
2. Slash and Meow suit companies that want FDIC-member bank partners, cards and credit. Slash also sells Global USD to non-US companies, held as its own stablecoin, and Meow needs a US entity or an approved jurisdiction.
3. These products sit on partners, so check the layer underneath. Slash says Bridge Building Inc. provides its stablecoin custody and transfers.
4. Align suits a registered company that wants named USD, EUR, GBP and AED accounts with USDC, USDT and EURC beside them. It isn't a bank and has no cards today.

More questions on this

• What is a stablecoin business account?
• Can a non-US company open a stablecoin business account?
• Which stablecoin business account is cheapest?

The full guide

Accounts that hold stablecoins next to ordinary balances look alike but work differently. Here's what sits behind Align, Slash, Meow and Dakota, what ten payments cost on published prices, and where each is the better fit.

Read Stablecoin business accounts compared: Align, Slash and Meow, with its sources.

General information, not legal, tax or financial advice. Rules and providers' terms change; check the sources in the guide and take advice on your own situation.