What cannot go wrong?

Sovra cannot lose your money, freeze it, or spend it, because Sovra never holds it. Your deposits are not lent out by Sovra, not invested by Sovra, and not sitting on Sovra's balance sheet. Whatever happens to Sovra as a company, it cannot take your money with it.

Software risk

The systems your dollars run on are software, and code can have bugs. This is why Sovra is built only on infrastructure with a long public record: the dollar, the network, and the lending markets your dollars move through are all audited by leading security firms, have operated for years securing billions of dollars, and are used by major financial institutions. The risk is real, and it is managed by using the most proven systems available.

Stablecoin risk

USDC is backed one to one by cash and short term US government securities, with reserves published and audited regularly. Its value is not guaranteed by a government, and in stressed markets a digital dollar can briefly trade below one dollar. Circle can also freeze specific addresses if legally required (entry 6). It is the most transparent and regulated digital dollar available, which is why Sovra uses it.

Lending and liquidity risk

The rate is variable and not guaranteed, and lending carries risk even when every loan is backed by collateral worth more than the loan itself. In rare moments of extreme demand, most of the vault's dollars may be out on loan at once. If that happens, you might wait to withdraw until borrowers repay or new deposits come in. This is temporary by design: rising rates in those moments pull money back into the vault.

Partner risk

Banking, card, and local payment services are run by licensed partners. Like any financial service, they can face outages or restrictions in a region. If that happens, it affects that service, not the funds in your wallet, which remain yours to move on the network.

The network itself can also briefly pause, as any payment system can. When that happens, transactions wait, but balances are untouched and no funds are at risk.

What could go wrong on my side?

Two things deserve your attention. Keep control of what restores your access, above all the phone number tied to your account, and never share your PIN. And check addresses carefully before sending, because transfers on the network cannot be reversed once confirmed.