What we can tell you today, what to watch out for, and how to reach us about anything suspicious.
Shaheen Money does not hold your money and does not own it. It is a self-custodial, decentralised wallet: your balance stays under your own control, and Shaheen Money acts only as the intermediary that carries out your instructions.
Source: Shaheen Money October 1, 2026
A digital dollar in your Shaheen Money wallet is a stablecoin: a digital token designed to keep a value of one US dollar. In the United States, the GENIUS Act of July 2025 sets the rules for payment stablecoins: a permitted issuer must back them at least one to one with reserves such as US dollars, insured bank deposits and short-term Treasury bills, publish the make-up of those reserves every month, and have that report examined each month by a registered public accounting firm. A stablecoin is not a bank deposit, is not insured by the FDIC, and is not issued by Shaheen Money. Your balance keeps its dollar value until you use it, instead of following your local currency.
Source: GENIUS Act, US Public Law 119-27, sections 4(a) and 4(e) (opens in a new tab) July 18, 2025
If a message claims to be from Shaheen Money, check that it came from one of these.
If you think you have found a vulnerability in our website or app, email hello@shaheen.money. Our disclosure details are in security.txt.
Read security.txt