A Dedicated Deposit Account is a personal virtual bank account issued to you. Instead of fetching new bank instructions every time, you get a reusable account number. Any fiat you send to it is automatically converted to USDC and credited to your wallet as USDb.
Setup is a two-step process:
1. Onboarding — you complete a KYC agreement (and, where required, a partner bank onboarding step).
2. Account creation — once onboarding is approved, your dedicated virtual bank account is created and its details are shown.
After that, deposits are as simple as sending money to your account number — the funds are automatically converted and credited to your wallet as USDb.
