Is step FDIC approved?

Hello there, I'm curious about a particular aspect of a cryptocurrency platform or service. I've come across the term "step FDIC approved" and I'm wondering if you could clarify what this means? Is it a guarantee that the platform is endorsed or supervised by the Federal Deposit Insurance Corporation, or is it simply a marketing term used to create a sense of security? In the world of finance and cryptocurrency, clarity and trust are paramount, so I'd appreciate your insights on this matter. Thank you!