Your money is kept apart

Customer funds at Florin are held in segregated accounts at regulated US and EU banks. They are never mixed with our own operating money and never lent out.

If Florin stopped trading tomorrow, those accounts would still belong to you. That is a legal requirement of our licences, not just a promise.

USDC reserves

When you hold a USDC balance, it is backed by cash and short-term US Treasuries held by the issuer. Independent accountants check the reserves every month and publish the results.

What we check every day

Every morning our treasury team matches each customer balance against the bank and the ledger. If a single cent is out of place, payments in that account pause until it is found.

It is careful work, and it is the most boring part of our business. We would like to keep it that way.