ASIA'S FINANCIAL INFRASTRUCTURE

Money that moves

A regulated stablecoin that’s reserve-backed, audited, and built to do more than sit still

Issued by BitGo Bank & Trust, N.A.1:1 reserve backingMonthly third-party reserve attestation

69%

YoY growth in APAC
on-chain activity

Fastest-growing region

$2.5T

APAC volume
forecast — 3 years

~60% of flows originate in Asia

No USD stablecoin issued by a U.S.-regulated bank has been built Asia-first.

Trust first.
Then money moves freely

Issued by BitGo Bank & Trust, N.A.1:1 reserve backingMonthly third-party reserve attestation

FYUSD is issued by BitGo Bank & Trust, National Association, and backed 1:1 by reserve assets held and managed by BitGo. Reserve composition is examined monthly by an independent registered public accounting firm and published by BitGo.

BitGo is chartered and supervised by the U.S. Office of the Comptroller of the Currency. OCC supervision of BitGo is not an approval or endorsement of FYUSD, Fypher, FYPE, or any yield product.

The Fypher Vault — a separate, opt-in product

FYUSD is a stablecoin. It holds value; it does not earn. Separately and entirely optionally, New Frontier Labs offers the Fypher Vault, through which holders may choose to deposit FYUSD into on-chain strategies operated via Concrete. The Vault is a distinct product with distinct risks, offered by Frontier Labs — not by BitGo.

BitGo issues FYUSD and manages its reserves. BitGo does not issue FYPE, is not a DeFi protocol, does not operate the Vault or any Concrete strategy, and does not advise any person to deposit FYUSD into it. Depositing FYUSD into the Vault means giving up the 1:1 reserve backing of held FYUSD in exchange for exposure to third-party smart contracts and strategies, with risk of partial or total loss.

1 FYUSD = $1.00

Redeemable 1:1 for U.S. dollars by eligible, onboarded persons through BitGo, subject to BitGo’s published redemption policy, minimum thresholds, and compliance screening.

Issuer: BitGo Bank & Trust, National Association (U.S. national trust bank, OCC-supervised)
Backing: Reserve-backed 1:1; reserves held and managed by BitGo
Interest / Yield: None. FYUSD does not pay or accrue interest or yield
Redemption: 1:1 for USD, for eligible onboarded persons, per BitGo’s published redemption policy
Access: In jurisdictions where lawful

How FYUSD is
issued and reserved

Issued by BitGo Bank & Trust, N.A.

FYUSD is issued by BitGo Bank & Trust, National Association, a national trust bank chartered and supervised by the U.S. Office of the Comptroller of the Currency. BitGo’s role is limited to issuing and redeeming FYUSD and to holding and managing the reserve assets backing it. OCC supervision of BitGo is not an approval or endorsement of FYUSD, Fypher, FYPE, or any yield product.

U.S.-REGULATED ISSUER

Transparent U.S. Treasury reserves

Reserves are held and managed by BitGo in cash and short-term U.S. Treasury securities. Reserve composition is examined monthly by an independent registered public accounting firm, and the reports are published by BitGo.

MONTHLY RESERVE ATTESTATION

Locally accountable, globally transparent

Issued, supervised and settled in the region it serves, on public rails that anyone can verify for themselves.

ON-CHAIN VERIFIABLE

Yield that is opt-in, never black-box

FYUSD itself pays no interest or yield. The vault is a separate, opt-in product offered by New Frontier Labs, with its own risks, including partial or total loss of the FYUSD deposited.

SEPARATE, OPT-IN PRODUCT

Compliance first, not later

Eligibility, jurisdiction and screening checks run before access is granted, not after. Access is subject to jurisdictional screening and geo-blocking.

SCREENED BEFORE ACCESS

Asia deserves
its own rails

Asia moves the world’s goods, ships and savings. Its dollars still run on someone else’s rails. FYUSD is issued, supervised and settled in the region it serves.