Basically every single exchange that accepts tether deposits and withdrawals. Obviously if you consider tether to be a valid form of USD anyways. But bitfinex does allow you to store USD with them without verification(they are heavily involved in tether, however).

Also, on kraken you are able to trade fiat currencies and store fiat currencies as long as you are tier 1 verified. And tier 1 pretty much is going to be just providing a name and a country, there isn't really that much substance involved.

Storing fiat on exchanges are definitely not the best way to do it. You're getting no interest, but still carrying the risk of the exchange collapsing.

It depends what you mean by "verified." You can deposit/withdraw cryptocurrency and trade against fiat currencies on Kraken with no documents and limited info (name/DOB/country/phone number). People have been known to use fake names for Tier 1 verification. It's not my favorite exchange, but I've used it to store USD during corrections. Here is the info on verification.


We don't know for sure that the Tether printing is un-backed, although it's pretty likely. Bitfinex has already lost its Polish bank account, so how exactly is Tether getting $100 million wires on a daily basis? It's obvious what they're doing with the USDT injections. Every Tether grant gets sent directly to Bitfinex and large BTC markets buys usually happen shortly after. I remember 2013, and watching USDT is a bit like watching the Willy bot.

You could bypass storing USD and just store USDT on cryptopia. You can withdraw upto 5000$ a day without ID.
When you want to withdraw, exchange them to a cryptocurrency with low transaction fee, for example LTC and go to Bitpanda.com There you can sell several cryptocurrencies without ID verification up to a certain amount.
www.bitpanda.com/limits

Bitfinex lets you do that, but you have to make a certain minimum deposit to start your account. I think it's about one bitcoin minimum deposit.

You have to verify if you want to withdraw as USD but not if you only withdraw bitcoins. Converting to USD then back to bitcoins is OK without verifying.