What does non-custodial mean?

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 personal wallet. We never hold your stablecoins—you always have complete ownership and control.