never heard of it, is this an online wallet? if so it's not recommended, it does not matter how safe they claim to be
at least they can provide you the private key? otherwise it's even worse...
A weird wallet it appears to me. They say its "anchored or ‘tethered’ to real-world currencies."
Sounds like your trading BTC for a usd amount in wallet... but can spend btc from your usd? I could be reading it wrong. But I don't see it being used by many.