Not anymore than a USD deposit account. Just with extra steps.

> Not anymore than a USD deposit account

These typically pay interest. (Or have retail servicing costs attached.)

Oh yeah, if you get a USD savings account from major nationwide banks you'll be getting exciting interest rates of up to 0.02% [1], assuming you have a 'relationship bonus'. BofA gets up to 0.04% [2], with the right tiers.

[1] https://www.chase.com/personal/savings/interest-savings/inte...

[2] https://www.bankofamerica.com/deposits/savings/savings-accou...

not anymore, this is not guaranteed in the "app age". and the interest was always negligible.