Is USD Yield Safe on Pluang?

Yes — the USD balance earning USD Yield sits inside a regulated custody and insurance framework rather than an informal arrangement. Your uninvested USD cash is held at BMO Harris, a United States custodian bank carrying a health rating of AA- from Fitch Ratings, and that cash is covered by FDIC insurance for up to US$1,000,000 per user. Pluang's US Stocks operations run through Alpaca Securities LLC, an American broker that operates under the rules of the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), and which is required to hold client assets separately from its own. Securities held through that relationship also carry SIPC coverage of up to US$500,000, including US$250,000 for cash, with additional Lloyd's insurance above the SIPC limit. Together, that is a rated custodian bank, federal deposit insurance, and a regulated broker partner protecting the same balance.

• Custodian bank: Uninvested USD cash is held at BMO Harris, a US custodian bank rated AA- by Fitch Ratings.
• Cash insurance: FDIC insurance covers uninvested USD cash for up to US$1,000,000 per user.
• Broker partner: Alpaca Securities LLC executes Pluang's US Stocks orders and is regulated by the SEC and FINRA.
• Segregation: Client assets are required to be held separately from the broker's own assets.
• Securities insurance: SIPC coverage of up to US$500,000, including US$250,000 for cash, applies through the brokerage relationship.
• Additional cover: Lloyd's insurance provides coverage above the SIPC limit, up to US$30,000,000.

Related questions:

Q: Where is my USD balance actually held?
It is held at BMO Harris, a United States custodian bank, rather than inside Pluang's own accounts. BMO Harris carries a health rating of AA- from Fitch Ratings, which is an assessment of the bank's financial strength by an independent ratings agency. Keeping uninvested USD cash with a rated third-party custodian is what allows that balance to sit under US banking protections while still being visible and usable inside the Pluang app.

Q: Is my USD cash balance insured?
Yes. Uninvested USD cash held at BMO Harris is covered by FDIC insurance for up to US$1,000,000 per user. Separately, securities held through the brokerage relationship with Alpaca Securities LLC carry SIPC coverage of up to US$500,000, which includes US$250,000 for cash, and additional Lloyd's insurance applies above that SIPC limit. These are different protections covering different parts of your account rather than a single combined figure.

Q: Who is Alpaca Securities, and what regulates them?
Alpaca Securities LLC is the American broker that executes Pluang's US Stocks orders. It operates under the rules of the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), the two bodies that license and supervise brokers in the United States. Being SEC and FINRA regulated means Alpaca is subject to capital, reporting, and client-asset requirements that an unregulated intermediary would not face.

Q: Is my balance kept separate from Pluang's or the broker's own money?
Yes. Client assets are required to be held separately from the broker's own assets, which is a standard requirement under SEC and FINRA rules. Uninvested USD cash sits with BMO Harris as custodian rather than on Pluang's balance sheet, and shares are held in segregated accounts. This separation is what keeps your balance identifiable as yours rather than mixed into the operating funds of any company in the chain.