# Permissionless & Global > Work has become remote, distributed, and international. Money now moves globally through stablecoins and public blockchains. Your finances should be global too. Yet much of the financial system still depends on local banks, national borders, limited operating hours, and institutions that decide where and how your money can be used. Fiber was built to be a new financial home for a more global world. ## Permissionless Money Stablecoins and other blockchain-based assets can move across borders without relying entirely on traditional banking rails. They can be received, held, and transferred through open networks that operate beyond banking hours and are not controlled by a single financial institution. But owning permissionless assets is only part of the equation. How those assets are held matters too. ## How You Hold Your Money Matters Crypto and stablecoins are often held through exchanges, banks, brokerages, and other custodians. Even when the underlying asset is permissionless, the institution holding it may still control withdrawals, restrict accounts, or limit where it can be used. Fiber is non-custodial. You remain in control of your assets and authorize transactions through your own wallet infrastructure. Permissionless money is most useful when the way you manage it preserves that same individual control. ## Financial Sovereignty Financial sovereignty means having greater ownership, privacy, and control over your financial life. Fiber allows users to: - Hold and transfer supported digital assets - Keep supported balances and activity private - Earn rewards on eligible stablecoins - Trade crypto, digital metals, and tokenized US stocks - Deposit and withdraw across supported networks Fiber combines the openness of onchain finance with the simplicity of a modern financial app. ## Privacy and Personal Information Fiber is designed to minimize the personal information required for its core experience and to give users greater control over how their financial activity is publicly connected to them. Fiber may collect limited information needed for account access, security, support, fraud prevention, and product operation, as described in its Privacy Policy. Optional regulated products may require additional information, identity verification, eligibility checks, and separate terms. ## Global Availability Fiber is designed for global use, but availability may vary by jurisdiction, asset, network, regulation, and third-party provider requirements. The Fiber app should be treated as the current source of truth for available products and features. --- Fiber is a financial technology company, not a bank. Banking services are provided by SSB, Member FDIC. Funds deposited at SSB are eligible for FDIC insurance up to $250,000 per depositor, per insured bank, subject to applicable limitations and FDIC rules.