FATCA comes into play when you have a bank account and primarily when it has over $10,000 in it

If you dont have a BANK ACCOUNT and with national currency or securities in it, then there is no FATCA

Hm if that wasnt clear, stablecoins/crypto are exempt. Several stablecoins are FDIC insured according to the issuer. Form a US company just to access the international banking system and put a title on rent and pay for a github account. Let your international company just use crypto.

I really hope you haven't been neglecting to fill out form 5471 and form 8938 based on a misunderstanding of reporting requirements.

FBAR requirements are separate and distinct from FATCA.

Doesnt matter if you dont use banks

(a Foreign bank account, one might add)

It’s the kind of thing that has to be done in the first board meeting. Otherwise the company would be operating outside the law.