FGC begins compensating Banco Master investors; the application has stability issues.

Source: PortaldoBitcoin Original Title: FGC begins paying investors of Banco Master, but app experiences instability Original Link: The Credit Guarantee Fund (FGC) started paying on Saturday (17) the investors of Banco Master, an institution that had its extrajudicial liquidation decreed in November of 2025. The start of reimbursements occurs after a longer waiting period, as it usually takes between 10 and 30 days, but now it has reached two months.

Despite the news, investors report instability in the FGC app, used to check balances and monitor the payment process, which could lead to further delays, as access is required to complete the payment process. According to reports, the system experienced access difficulties and slowness throughout the day, precisely when thousands of clients were trying to verify if they were eligible to receive the guaranteed funds.

The FGC did not specify the volume of accesses nor estimate when the app will operate fully stably, but stated that payments are being processed according to the scheduled timeline.

The payment request was authorized at 9:30 AM this Saturday, and according to Daniel Lima, CEO of FGC, “once this phase is completed, the investor will receive the payment within two business days, into an account in their name.”

Is fixed income still safe?

Bank Deposit Certificates (CDBs) are generally classified as low-risk investments, mainly because they are covered by the FGC. However, as demonstrated in the Banco Master episode, this does not mean zero risk. The guarantee covers up to R$ 250,000 per CPF and per financial institution, leaving amounts above this limit exposed in case of bank failure.

Additionally, the FGC does not eliminate short-term liquidity risk, as the investor may go weeks or even months without access to the funds until the necessary procedures for payment are completed.

Meanwhile, the cryptocurrency market has been developing alternatives that aim to offer greater return predictability, known as digital fixed income. This type of product uses technologies like blockchain and smart contracts to structure investments with clear rules for remuneration, defined deadlines, and greater transparency about how the yield is generated.

In general, digital fixed income involves tokenization of receivables, credit notes, or loan operations, allowing the investor to monitor the asset’s performance in real time. The return is variable but more stable than traditional cryptocurrencies like Bitcoin.

Although it does not have state guarantees like the FGC, digital fixed income relies on technological and legal mechanisms that reduce operational risks and increase traceability of transactions. Like traditional products, it is not risk-free, but a different approach that has gained popularity among investors interested in diversifying and better understanding where they are truly allocating their money.