Security & reserves.
SmashPay is built on institutional-grade infrastructure. Here is how we protect your USD.
Reserves & custody
USD value is held 1:1 as fully-reserved stablecoin in institutional-grade custody
Balances are not deposits and are not FDIC-insured. Reserves are audited monthly; attestations are published.
- 1:1 reserve ratio — no fractional reserve
- Institutional-grade fully-reserved custody
- Monthly third-party reserve attestations (published)
- Funds not loaned or rehypothecated
Compliance certifications
Card-grade data security
Same payment-data standard used by Visa and Mastercard processors.
Information security management
Independent audit of our security controls for data storage, transmission, and protection.
EU data privacy
EU-grade data rights, applied globally to every SmashPay user.
Registered Money Services Business
SmashPay Inc. is registered with the Financial Crimes Enforcement Network as a Money Services Business.
RegTech-powered compliance
Continuous monitoring against sanctions and financial-crime risk, powered by Sumsub.
Security controls audit
Independent audit of our security, availability, and confidentiality controls. In progress.
Reserves & custody
SmashPay uses industry-standard encryption in transit (TLS 1.3) and at rest. Phone number verification (OTP) is required for all accounts. No seed phrases or private keys are stored or exposed to users.