USAT website discloses an important reminder: USAT is not protected by insurance from institutions such as the Federal Deposit Insurance Corporation.

according to the important disclosure information on the USAT stablecoin website, USAT is not a legal tender (as defined in Section 5103 of Chapter 31 of the United States Code), and is not issued, supported, approved, or guaranteed by the US government. USAT also does not have insurance protection from the Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC), or any other government agency. The USAT website is published by Tether Operations, SA de CV, for reference only, and Tether Operations, SA de CV is not the intended issuer of USAT.