Funds held in USD within an iTrustCapital account do have FDIC insurance coverage. This is because iTrustCapital's third-party Qualified Custodian, Fortress Trust, deposits its clients' USD funds into Provident Bank, which is FDIC-insured. Therefore, deposit accounts are insured up to the maximum limit set by federal regulation. It's important to clarify, however, that FDIC insurance is specifically designed to safeguard depositor funds in the event of a bank failure. It does not provide protection against potential losses arising from your investment decisions or changes in market conditions.