No, funds held in Moneda are not insured by the Deposit Guarantee Scheme (DGS) in the EU or the Federal Deposit Insurance Corporation (FDIC) in the United States. These protections apply to traditional bank accounts. Moneda operates as a self-custodial platform, meaning your funds are held in digital currencies that are pegged to the corresponding asset, stablecoins. These stablecoins (such as USDC and EURC) live on the blockchain rather than in a traditional bank. These stablecoins are issued by reputable providers with robust reserves, ensuring transparency and security. However, they are not covered by government deposit insurance programs.