What does custodial mean?

What does custodial mean?

Custodial means a third party holds and controls your funds on your behalf—like a bank or centralized exchange. They manage the private keys, so you're trusting them with your assets. MYKOBO is non-custodial: your stablecoins go directly to your personal wallet.
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    • What does non-custodial mean?

      Custodial services hold your funds on your behalf—like a traditional bank or exchange. They control the private keys to your stablecoins. Non-custodial means you maintain full control of your funds. With MYKOBO, stablecoins go directly to your ...