FDIC-Insured Charter Banks
Reserves are deposited exclusively with FDIC-insured, U.S. chartered banks — not held in risky or uninsured instruments.
USDFIRMA USD is always redeemable 1:1 for United States Dollar
Every dollar backing Firma USD is held in cash only at FDIC-insured, U.S. chartered banks — with up to $285M in aggregate deposit insurance. It is not loaned out, rehypothecated or invested.
Reserves are deposited exclusively with FDIC-insured, U.S. chartered banks — not held in risky or uninsured instruments.
Pooled FDIC protection across our network of partner banks, backing the reserves behind every token.
Balances are automatically swept across multiple partner banks, keeping each account under the $250K FDIC limit.
Firma USD runs on eCash (XEC), which uses the same proven UTXO model as Bitcoin — not programmable smart contracts. Think of your tokens like digital cash you hold in your hand: there is simply no contract code sitting between you and your money that can be hacked, drained, or exploited.
eCash tracks tokens like physical banknotes and coins (called UTXOs). Each coin is simply owned and spent — there is no program running your balance that an attacker could rewrite.
Firma's tokens are built on the same simple scripting language in Bitcoin. No smart contract, no smart contract attack surface.
Every transaction is the action itself (WYSIWYG). No hidden contract approvals, no blind signing wallet-drains, and no admin backdoors or freeze switches.