Terms and Conditions

1. Scope

These terms and conditions (the "Terms") govern the following products and services (collectively, the "Services") provided by United Stables Limited, a company incorporated under the laws of the British Virgin Islands ("United Stables", "we", "us", or "our"):

1. The Site: your access to and use of the website www.u.tech, including any sub-domains, mobile applications, platforms, interfaces, dashboards, APIs, and any other online resources operated or made available by United Stables where these Terms appear (the "Site");
2. The Tokens: your acquisition, holding, transfer, Minting, redemption, or any other use of digital tokens issued by United Stables and referencing these Terms, including without limitation the $U token (collectively, the "Tokens");
3. Any additional services, features or functionality provided by United Stables or any of its affiliates in connection with the Tokens, whether currently available or developed in the future.

By accessing or using any of the Services, you (the "User", "you", "your", or "yours") acknowledge that you have read, understood, and agree to be legally bound by these Terms in their entirety. If you do not agree to these Terms, you must not access or use any of the Services or acquire or hold any Tokens.

2. Amendments

United Stables may amend, modify, update, or supplement these Terms at any time, at its sole discretion, and without prior notice to you. Any such amendment will be effective immediately upon posting on the Site. You are solely responsible for reviewing these Terms periodically, and continued access or use of the Services constitutes your acceptance of any such amendments.

3. Incorporated Documents

The following documents, as amended from time to time, are incorporated by reference into these Terms and form part of these Terms as if fully set out herein:

• the Privacy Policy;
• the Cookies Notice;
• any onboarding materials, notices, disclosures, or supplemental terms applicable to Mint Users or specific Services.

In the event of any inconsistency between these Terms and any other disclosures, pages, notices, policies, terms, conditions, or descriptions made available on the Site or through the Services, these Terms shall prevail, unless supplemental terms expressly state that they take precedence.

2 Definitions

For purposes of these Terms, the following capitalized terms shall have the meanings set out below. Additional terms may be defined elsewhere in these Terms, and such definitions shall apply equally to singular and plural forms.

"Affiliate" means, with respect to any person or entity, any other person or entity that directly or indirectly controls, is controlled by, or is under common control with such person or entity.

"AML" means anti-money laundering, including, all Applicable Laws to the Parties prohibiting money laundering or any acts or attempted acts to conceal or disguise the identity or origin of; change the form of; or move, transfer, or transport, illicit proceeds, property, funds, Fiat, or Digital Assets, including the promotion of any unlawful activity such as fraud, tax evasion, embezzlement, insider trading, financial crime, bribery, cyber theft or hack, narcotics trafficking, weapons proliferation, terrorism, or Economic Sanctions violations, which may also require internal controls to detect, prevent, report, and maintain records of suspected money laundering or terrorist financing.

"Anti-Corruption" means all Laws applicable to each Party prohibiting corruption or bribery of Government Officials, kickbacks, inducements, and other related forms of commercial corruption or bribery.

"Applicable Laws" means all laws, statutes, regulations, ordinances, rules, directives, guidance, judgments, orders, decrees, supervisory requirements, or other obligations imposed by any Governmental Authority applicable to United Stables, the Tokens, the Services, or any User.

"Blocked Wallet Address" means any Wallet Address that United Stables determines, in its sole discretion, is associated with a Sanctioned Person, a Restricted Territory, Restricted Activities, Prohibited Transactions, or any activity that may breach these Terms or Applicable Laws.

"Communications" means all notices, disclosures, statements, agreements, authorizations, or other communications provided by United Stables to Users in electronic or written form.

"CTF" means all applicable counter-terrorist financing laws, regulations, rules, guidance, and obligations.

"Digital Asset" means a digital representation of value that functions as (i) a medium of exchange;
(ii) a unit of account;
(iii) a store of value, and/or (iv) other similar digital representations of rights or assets, typically including blockchain-based assets or rights including sovereign cryptocurrency or virtual currency such as bitcoins.

"Downtime" means any period during which United Stables suspends, delays, or restricts minting, redemption, or transfers of Tokens, including in response to forks, protocol changes, security events, operational issues, or regulatory requirements.

"Economic Sanctions" means any trade, economic, financial, or other sanctions laws, regulations, embargoes, or restrictive measures administered, enacted, or enforced from time to time by any relevant governmental authority, including, without limitation, the United Nations Security Council, the United States (including OFAC, the U.S. Department of State, and the U.S. Department of Commerce), the European Union, His Majesty's Treasury of the United Kingdom; and any other applicable sanctions authority having jurisdiction over a Party or the Services, including any restrictions on dealings with sanctioned countries, territories, governments, entities, vessels, aircraft, Digital Assets, wallet addresses, or individuals designated on any applicable sanctions list.

"Eligible Assets" means the assets approved by United Stables for the purposes of Minting or redeeming Tokens, which may include USD, certain stablecoins (e.g., USDT, USDC), and other assets designated by United Stables from time to time.

"Fee" means any amount payable by a User to United Stables in connection with any Service, as disclosed to the User prior to the relevant transaction.

For the complete list of all other defined terms including Force Majeure Event, Fork, Governmental Authority, Government Official, Holding User, KYC/AML Information, Losses, Mint/Minting, Mint User, OFAC, Personal Data, Prohibited Transactions, Reserves, Restricted Activities, Restricted Person, Restricted Territory, Sanctions, Sanctioned Person/Party, Sanctions Authority, Services, Site, Supported Blockchain, Third-Party Service Providers, Tokens/$U, U.S. Person, United Stables, User, and Wallet Address, please refer to the full Terms and Conditions document.

3. Nature of the Token; Reserves; No Legal Tender; No Deposit Insurance

3.1 Nature of the Token. The $U Token is a blockchain-based digital asset issued by United Stables. Each Token is intended to maintain a value approximately equivalent to one United States Dollar (USD 1.00); however, United Stables does not guarantee, represent, or warrant that the market value of the Token will always or ever equal USD 1.00 on secondary markets, digital asset trading platforms, or any third-party service. The Tokens are not legal tender, are not backed by any government, and do not constitute deposits, securities, commodities, derivatives, or any other form of regulated financial instrument unless expressly determined under applicable law.

3.2 Reserves. United Stables intends to maintain Reserves consisting of cash, U.S. treasury bills, and/or fiat-referenced stablecoins, in such proportions and with such custodians, financial institutions or any partners as United Stables may determine in its sole discretion from time to time. The composition, custody arrangements, allocation, and rebalancing of the Reserves may vary and may be updated at any time without notice. United Stables does not provide any assurance regarding the exact composition, custodial structure, or liquidity profile of the Reserves at any given time. Nothing in this Section obligates United Stables to maintain any specific composition, allocation, or segregation of Reserves unless required by Applicable Law.

3.3 No Rights in Reserves; No Fiduciary Duties. The Tokens do not give any User any direct or indirect right, title, interest, claim, or entitlement in or to the Reserves or any assets of United Stables. For the avoidance of doubt:
(a) Tokens do not constitute evidence of indebtedness of United Stables;
(b) Tokens do not give any ownership interest in, or any right to participate in the profits or returns of, United Stables or any affiliate;
(c) redemption of Tokens (where permitted under these Terms) is a contractual service provided by United Stables, and not a right to receive any specific asset held in the Reserves; and
(d) United Stables is not required to segregate, hold in trust, or otherwise treat the Reserves as custodial, fiduciary, or client assets unless required by Applicable Law. Users acknowledge and agree that the Reserves are maintained by United Stables for its own account to support the operational functioning of the Tokens, and not as property held on behalf of Users. In the event of insolvency, Users have no preferential, secured, or proprietary claim to the Reserves.

3.4 No Deposit Insurance. Tokens held by Users are not insured by any deposit insurance, investor protection, or compensation scheme in any jurisdiction.

3.5 No Guarantee of Redemption for Holding Users. Only Mint Users may request direct redemption of Tokens from United Stables, subject to these Terms. Holding Users who acquire Tokens from any third party or secondary market have no direct redemption right with United Stables unless and until they complete the onboarding process and are approved as Mint Users.

3.6 Third-Party Platform Risks. United Stables does not control third-party platforms, custodians, smart contracts, decentralized applications, protocols, exchanges, or wallets ("Third-Party Platforms"). United Stables is not responsible for:
(a) price fluctuations of the Tokens on Third-Party Platforms;
(b) any loss, mispricing, suspension, Downtime, technical issue, compromise, or failure of any Third-Party Platform;
(c) the solvency, licensing, compliance, or operations of any Third-Party Platform; or
(d) determining whether any Third-Party Platform is lawful, appropriate, or suitable for your use.

3.7 No Fiduciary or Custodial Relationship. United Stables does not act as a fiduciary, trustee, custodian, investment adviser, or agent on behalf of any User. Holding Tokens does not create any fiduciary, trust, agency, custodial, or similar relationship between the User and United Stables.

4. Eligibility; User Representations and Warranties; Restrictions

4.1 Eligibility - General Users. To access or use any of the Services or to hold, receive, or transfer Tokens, you represent and warrant at all times that:
(a) you are at least 18 years old and have full legal capacity;
(b) you are not a Sanctioned Person and are not located, incorporated, organised, or ordinarily resident in a Restricted Territory;
(c) you are not accessing or using the Services for or on behalf of any Sanctioned Person;
(d) you will not use the Services to conduct any Restricted Activity or Prohibited Transaction;
(e) your access and use of the Services does not violate any Applicable Law; and
(f) you will comply with all AML, CTF, and sanctions obligations described in Section 5.

4.2 Eligibility – Mint Users. Only Users who have completed onboarding and due diligence to the satisfaction of United Stables ("Mint Users") may request Minting or Redemption. To apply for Mint User status, you must:
(a) submit all onboarding information and documentation requested by United Stables;
(b) complete AML/CTF and sanctions screening, including screening of beneficial owners, directors and controlling persons;
(c) provide any documents or information required to comply with Applicable Laws;
(d) designate one or more Wallet Addresses to be whitelisted; and
(e) satisfy any additional onboarding or monitoring requirements communicated by United Stables. Approval or denial of Mint User status is at the sole discretion of United Stables.

4.3 Representations and Warranties of Mint Users. By applying for or maintaining Mint User status, you represent and warrant that:
(a) all information provided to United Stables is true, complete, accurate, and not misleading;
(b) if acting on behalf of an entity, you are duly authorised to bind the entity;
(c) you will promptly notify United Stables of any change to your legal status, beneficial ownership, directors, officers, controlling persons, or jurisdiction of residence.

4.4 Ongoing Compliance Obligations. All Users must comply with all ongoing obligations described in Section 5 and must at all times refrain from engaging in any Restricted Activity or Prohibited Transaction as described in Sections 13 and 14.

4.5 Refusal of Service and Termination Rights. United Stables may, in its sole discretion and without liability:
(a) refuse to onboard any User;
(b) refuse or suspend verification;
(c) deny or condition Mint User status; or
(d) require additional information at any time. This Section relates solely to onboarding. Suspension and termination are governed by Section 11.

4.6 No Guarantees of Access. United Stables may determine not to make the Services available in certain jurisdictions or to certain Users, may impose additional requirements based on risk or legal considerations, and may suspend or withdraw access to the Services at any time. Acceptance as a Mint User does not guarantee continued availability of Minting, Redemption, or any other Service.

5. AML, CTF, and Sanctions Compliance

5.1 General Compliance Requirements. United Stables is required to comply with Applicable Laws relating to AML, CTF, sanctions, and financial crime. In connection with these obligations, United Stables may implement risk-based policies, procedures, monitoring, screening, and reporting frameworks, including customer due diligence, ongoing monitoring, transaction monitoring and recordkeeping, as required under Applicable Law.

5.2 User Obligations. You agree, represent, and warrant at all times that:
(a) you will use the Services in full compliance with all applicable AML, CTF, sanctions, financial crime, tax, anti-fraud, and other laws;
(b) all funds, digital assets, and value transferred in connection with your use of the Services are not the proceeds of crime and are not derived from any unlawful activity;
(c) you will not facilitate, engage in, or attempt to engage in any activity that may constitute money laundering, terrorist financing, sanctions evasion, fraud, or any related criminal or prohibited conduct.

5.4 Sanctions Compliance. You acknowledge and agree that the Services are subject to sanctions laws and regulations administered or enforced by any Sanctions Authorities. You further represent and warrant that:
(a) you are not a Sanctioned Person;
(b) you are not located, incorporated, or ordinarily resident in any Restricted Territory;
(c) you are not accessing or using the Services for or on behalf of any Sanctioned Person or in any Restricted Territory; and
(d) you will not use the Services to violate, circumvent, facilitate, or attempt to evade any sanctions laws.

5.3 Due Diligence and Verification. United Stables may, at any time and at its sole discretion, require:
(a) identity verification of any User;
(b) completion of Client Due Diligence ("CDD") and Enhanced Due Diligence ("EDD"), including additional documentation, interviews, source-of-funds information, or beneficial ownership verification;
(c) verification of any Wallet Address associated with your use of the Services;
(d) ongoing monitoring or periodic review of User and transaction information; and
(e) re-verification or updated documentation to ensure continued compliance.

5.5 Prohibited Users. United Stables strictly prohibits access to the Services by:
(a) any Sanctioned Person;
(b) any User located in, organized under the laws of, or ordinarily resident in a Restricted Territory;
(c) any User or Wallet Address suspected of being connected to illicit activity;
(d) any User who refuses to provide required compliance documentation; or
(e) any User whose activity raises compliance concerns, as determined at the sole discretion of United Stables;
(f) any anonymous User or unverifiable Beneficial Owners.

5.6 Monitoring and Investigation Rights. United Stables may, at any time:
(a) conduct transaction monitoring, sanctions screening, blockchain-analytics reviews, or other investigative activities;
(b) restrict, suspend, or block any transaction involving Tokens;
(c) block, or restrict any Wallet Address when required or permitted by law or internal policy;
(d) file reports with regulatory, law enforcement, or governmental authorities as required by law; and
(e) share information with regulators, law enforcement, and compliance partners where legally permissible.

5.7 Consequences of Non-Compliance. If United Stables suspects or determines, in its sole discretion, that you violated these Terms, provided false or misleading information, engaged in suspicious or illegal activity, are a Sanctioned Person, are operating from or for a Restricted Territory, or present a regulatory or reputational risk, it may take one or more of the following actions immediately and without prior notice:
(a) suspend or terminate your use of the Services;
(b) suspend or decline Minting or Redemption requests;
(c) block Wallet Addresses; (d) seize, forfeit, or surrender assets where required by law;
(e) notify or cooperate with applicable authorities.

5.8 No Liability. United Stables is not liable for any Losses arising from actions taken in good faith under this Section 5, including any delay, suspension, freezing, or refusal to process a transaction or provide access to the Services.

6. Minting and Redemption of Tokens

6.1 Minting and Redemption Reserved to Mint Users. Only Users who have been approved as Mint Users under Section 4 may request the Minting or Redemption of Tokens directly with United Stables. United Stables does not accept or process any Minting or Redemption request submitted by: (a) Holding Users;
(b) third parties acting on behalf of a Mint User unless expressly authorised in writing and after fulfilling AML/CFT requirements; or
(c) any User located in, or acting for or on behalf of, a Restricted Territory or a Sanctioned Person, or who otherwise violates Section 5.

6.2 Minting of Tokens. Minting refers to the issuance of Tokens by United Stables to a Mint User in exchange for Eligible Assets. A Mint User requesting Minting must:
(a) submit a Minting request through the method designated by United Stables;
(b) complete all required KYC/KYB, AML, CTF, sanctions, identity, and wallet verification steps;
(c) transfer Eligible Assets to United Stables or its designated custodian; and
(d) comply with all instructions, limits, cut-off times, and operational requirements communicated by United Stables.

6.3 Redemption of Tokens. Redemption refers to the exchange of Tokens held by a Mint User for Eligible Assets of equivalent notional value, as determined by United Stables in accordance with these Terms. United Stables may satisfy redemption requests using any eligible reserve asset, including cash or stablecoins, in its sole discretion.

6.4 No Rights of Redemption for Holding Users. Users who acquire Tokens other than through Minting ("Holding Users") are not entitled to redeem Tokens directly with United Stables. A Holding User may only redeem Tokens if it becomes a Mint User and satisfies all onboarding, verification, and ongoing compliance requirements at the time of the redemption request.

6.5 Suspension or Rejection of Minting and Redemption. United Stables may reject, delay, suspend, or freeze any Minting or Redemption request at any time without liability, including where:
(a) the User violates, or is suspected of violating, these Terms or Applicable Law;
(b) the User fails to satisfy compliance requirements under Section 5;
(c) Tokens or Wallet Addresses are associated with suspicious activity or Blocked Addresses;
(d) blockchain networks experience congestion, instability, forks, security incidents, or operational failures;
(e) required information or documentation is inaccurate, incomplete, or outstanding.

6.6 Transfer of Redemption Rights Upon Token Transfer. Upon transfer of Tokens to another Wallet Address, any potential contractual right to redeem such Tokens transfers to the transferee only if the transferee becomes and remains a Mint User at the time of redemption. United Stables does not guarantee or verify any off-chain agreements between Users relating to such transfers.

6.7 Transaction Irreversibility. Transfers of Tokens on a Supported Blockchain are final and irreversible once confirmed. United Stables cannot reverse, recall, retrieve, or re-credit Tokens that are:
(a) sent to an incorrect, invalid, or unintended Wallet Address;
(b) sent to a smart contract or protocol that does not support recovery;
(c) lost due to phishing, fraud, malware, private-key compromise, or other unauthorized access; or
(d) otherwise irretrievably transferred because of blockchain immutability. All risks associated with Wallet Addresses are borne solely by the User.

6.8 Supported Blockchains. Minting and Redemption are available only on Supported Blockchains. United Stables may add or remove Supported Blockchains at any time, may require Users to migrate Tokens, and is under no obligation to support redemption of Tokens existing on an unsupported blockchain. If support for a blockchain is removed:
(a) United Stables may provide procedures for Users to migrate Tokens to another Supported Blockchain, but is not obligated to do so;
(b) Users bear all risks of failing to follow required migration procedures;
(c) United Stables has no obligation to redeem Tokens held on an unsupported chain; and
(d) Tokens on unsupported chains may become permanently inaccessible or without redemption rights.

6.9 Forks, Attacks, or Protocol Risks. In the event of a hard fork, chain split, attack, security incident, exploit, or protocol-level instability involving a Supported Blockchain, United Stables may:
(a) suspend Minting or Redemption, (b) freeze or block affected Wallet Addresses or transactions, (c) determine which chain will constitute a Supported Blockchain, or
(d) take any actions necessary to preserve operational integrity.

6.10 Smart Contract Modifications. United Stables may upgrade, modify, replace, or discontinue any smart contract associated with the Tokens at any time, including for purposes of security enhancements; regulatory or compliance requirements; resolving technical vulnerabilities or operational risks; supporting chain migrations or chain consolidations; improving performance, functionality, or interoperability; or responding to forks, chain splits, or protocol-level changes.

6.11 No Obligation to Support Forks or Chain Splits. In the event of a fork, chain split, or competing blockchain version:
(a) United Stables shall determine, in its sole discretion, which chain constitutes the Supported Blockchain;
(b) Tokens shall exist only on the chain selected by United Stables;
(c) Users have no rights to claim or redeem Tokens on any alternative, forked, or competing chain; and
(d) United Stables may permanently reject and refuse to honor any token purporting to exist on a chain other than the designated Supported Blockchain.

6.12 User Responsibility for Chain and Contract Accuracy. Users are solely responsible for ensuring that:
(a) Tokens are transferred only on Supported Blockchains;
(b) Tokens are sent only to correct Wallet Addresses;
(c) they control the private keys associated with their Wallet Addresses;
(d) they do not send Tokens to smart contracts or protocols that may cause irreversible loss; and
(e) they stay informed of any changes to blockchain support or smart contract updates.

7. Wallet Addresses; Transaction Processing

7.1 Wallet Address Requirements. Users are responsible for ensuring that any Wallet Address used to hold, send, or receive Tokens:
(a) is a Supported Blockchain wallet;
(b) is fully controlled by the User (including its private keys);
(c) is not associated with any illicit activity, Blocked Address, Sanctioned Person, or Restricted Territory; and
(d) satisfies any technical, operational, or compliance requirements specified by United Stables. United Stables does not have access to private keys and is not responsible for managing, recovering, or securing any Wallet Address.

7.2 Whitelisted Wallet Addresses for Mint Users. Mint Users must designate one or more Wallet Addresses for Minting and Redemption. United Stables will only process Minting or Redemption transactions to or from a whitelisted Wallet Address. United Stables may, at any time and without liability:
(a) reject a Wallet Address submitted for whitelisting;
(b) request additional information or documentation regarding a Wallet Address;
(c) suspend or revoke the whitelisting of any Wallet Address; or
(d) require a Mint User to update or replace a Wallet Address.

7.3 Transaction Validation and Processing. All Token transactions are processed and validated exclusively by the applicable Supported Blockchain's consensus mechanism. United Stables has no ability to:
(a) reverse, alter, accelerate, or cancel a transaction once it has been initiated on a blockchain;
(b) control or guarantee blockchain confirmation times; or
(c) recover Tokens sent in error, to the wrong address, or via an unsupported protocol. Users bear all risks associated with blockchain network congestion, technical malfunctions, delays, or failures.

7.4 Blocked Addresses. United Stables may designate certain Wallet Addresses as "Blocked Addresses " if, in the sole discretion of United Stables, such Wallet Address:
(a) is associated with a Restricted Person or Restricted Territory;
(b) is connected to fraud, money laundering, terrorist financing, market abuse, sanctions violations, or other illicit activity;
(c) has been used for any Restricted Activity or Prohibited Transaction under these Terms;
(d) presents an unacceptable legal, regulatory, or operational risk; or
(e) has been included in any Sanctions list by Sanction Authority. United Stables may take one or more of the following actions with respect to Blocked Addresses, without liability:
(i) freeze or restrict transactions involving the Blocked Address;
(ii) prohibit Minting or Redemption;
(iii) prohibit servicing or support of any kind;
(iv) report relevant information to law enforcement or regulators;
(v) require additional verification;
(vi) deem Tokens associated with the Blocked Address forfeited in accordance with applicable law. The designation of a Blocked Address may be based on the AML, CTF, or sanctions obligations described in Section 5, analytics or monitoring data, or any other information available to United Stables.

7.6 Responsibility for On-Chain Activity. Users acknowledge and agree that:
(a) all Token transfers occur on decentralized blockchain networks outside the control of United Stables;
(b) United Stables is not responsible for failures, vulnerabilities, forks, exploits, or events affecting any blockchain network;
(c) United Stables is not responsible for any delays, failures, or Losses arising from network congestion, gas fees, or protocol changes; and
(d) all blockchain transactions require payment of gas fees or network fees determined by the relevant blockchain protocol and not by United Stables. Users bear all costs and risks associated with submitting Token transactions on any Supported Blockchain.

8. Fees and Costs

8.1 No Fees Charged to Holding Users. United Stables does not charge Holding Users any fees for simply holding, receiving, or transferring Tokens. Holding Users remain responsible for network fees (gas fees) imposed by Supported Blockchains.

8.2 Fees Applicable to Mint Users. Mint Users acknowledge and agree that United Stables may charge certain fees in connection with Minting and Redemption, which may include:
(a) blockchain network fees (gas fees) incurred by United Stables in processing on-chain transactions;
(b) execution or settlement fees charged by liquidity venues or service providers used in connection with Minting or Redemption;
(c) operational costs reasonably associated with processing a Minting or Redemption request. Such fees will be disclosed to the Mint User prior to the completion of any transaction, or will be included in the net amount of Tokens issued or assets delivered upon Redemption. United Stables may waive, reduce, or modify any such fees at any time in its sole discretion.

8.3 Blockchain Network Fees. All Token transactions require payment of blockchain network fees ("Gas Fees"), which are:
(a) determined by the underlying blockchain protocol;
(b) outside the control of United Stables; and
(c) non-refundable. Users acknowledge that Gas Fees may fluctuate significantly and may affect the cost, timing, or feasibility of Token transactions.

8.4 Deduction of Fees From Settlement. United Stables may deduct applicable fees directly from:
(a) fiat funds delivered by a Mint User in connection with Minting;
(b) Token amounts submitted for Redemption; or
(c) any assets delivered upon Redemption. The net amount received after such deductions constitutes full and final settlement of the relevant transaction.

8.5 Right to Adjust Fees. United Stables may, at any time and in its sole discretion, modify the type, amount, or structure of any fees charged to Mint Users, provided that any such changes shall apply on a prospective basis only. United Stables is under no obligation to notify Holding Users of fee changes, as Holding Users are not subject to any United Stables-issued fees.

8.6 Taxes. Users are solely responsible for determining and paying any applicable taxes, duties, levies, or similar governmental assessments arising from their holding, transfer, Minting, or Redemption of Tokens. United Stables does not provide tax advice and does not calculate, collect, remit, or withhold taxes on behalf of any User.

9. Communications

9.1 Consent to Electronic Communications. By accessing or using the Services, you consent to receive all notices, disclosures, agreements, statements, policies, records, and any other communications (collectively, "Communications ") from United Stables in electronic form, including via:
(a) email;
(b) the Site;
(c) dashboards or secure portals used for onboarding or verification;
(d) in-application messages or push notifications; or
(e) any other method permitted under Applicable Law. Electronic Communications shall be deemed to satisfy any legal requirement that such Communications be in writing.

9.2 Deemed Receipt. Communications delivered electronically shall be deemed received:
(a) at the time of sending, when sent by email or push notification; or
(b) at the time of posting, when made available through the Site or platform. United Stables is not responsible for any failure by a User to receive Communications due to spam filtering, email misconfiguration, or failure to maintain accurate contact information.

9.3 Language. United Stables will provide all Communications in English. Where translations are provided, they are for convenience only; the English version shall govern in the event of any inconsistency.

9.4 User Contact Information. You must maintain accurate and up-to-date contact information, including:
(a) a valid email address;
(b) physical address (if requested);
(c) authorized contact persons (for entities); and
(d) any other information reasonably required by United Stables. United Stables is not responsible for any loss resulting from your failure to maintain accurate contact information or to monitor Communications sent to you.

9.5 Notices to United Stables. Users may send notices to United Stables by contacting Support using the methods described on the Site. Notices are deemed received only when United Stables acknowledges receipt, excluding automated or system-generated responses. United Stables may require Users to verify identity before responding to or acting upon certain communications.

10. Security of User Information

10.1 User Responsibility for Security Credentials. Users are solely responsible for maintaining the security, confidentiality, and integrity of all credentials, keys, and access methods used in connection with the Services (" Security Credentials"), including:
(a) usernames, passwords, and authentication codes;
(b) private keys, seed phrases, and recovery phrases associated with Wallet Addresses;
(c) API keys or other programmatic access credentials; and
(d) any security tools, devices, or methods used to access the Services. United Stables will never request a User's private key or seed phrase.

10.2 Unauthorized Access. Users must immediately notify United Stables if they suspect:
(a) unauthorized access to their account or Wallet Address;
(b) compromise or loss of any Security Credentials;
(c) unauthorized use of the Services; or
(d) any security incident that may affect the User or United Stables. United Stables may (but is not required to) take actions such as suspending access or freezing a Wallet Address to protect Users or the integrity of the Services.

10.3 User Security Obligations. Users must implement and maintain appropriate security measures, including:
(a) using reputable hardware or software wallets when controlling private keys;
(b) enabling multi-factor authentication (MFA), where available;
(c) installing and maintaining updated anti-malware and security software;
(d) ensuring devices used to access the Services are free from compromise; and
(e) taking all reasonable steps to prevent third parties from accessing Security Credentials.

10.4 Phishing, Spoofing, and Fraud Awareness. Users acknowledge the risk of phishing attacks, spoofed websites, fraudulent communications, and other forms of social engineering. United Stables is not responsible for losses resulting from:
(a) User reliance on fraudulent websites or communications;
(b) phishing or similar schemes; or
(c) impersonation of United Stables personnel. Users should always verify that communications originate from official United Stables channels.

10.5 No Custody of Tokens or Private Keys. United Stables does not provide custody services for Tokens or for private keys associated with Wallet Addresses. United Stables does not:
(a) store private keys;
(b) recover lost private keys;
(c) reverse or restore Token transfers resulting from lost access; or
(d) hold Tokens on behalf of Users unless expressly disclosed in connection with Minting or Redemption settlement flows. Users must ensure they retain secure and uninterrupted control over their Wallets and associated private keys.

10.6 System Security; Reasonable Measures. United Stables uses commercially reasonable administrative, technical, and physical safeguards to protect systems and data. Users acknowledge that:
(a) no system or blockchain is completely secure;
(b) vulnerabilities, exploits, cyberattacks, or failures may occur;
(c) blockchain networks and smart contracts carry inherent technical risks;
(d) United Stables is not liable for security incidents outside its reasonable control.

10.7 Investigations and Cooperation. Users agree to cooperate with United Stables in investigating:
(a) security incidents;
(b) unauthorized transactions;
(c) suspected fraud or financial crime;
(d) AML/CTF or sanctions-related matters;
(e) compliance or regulatory inquiries. United Stables may share data with regulators, law enforcement, or authorized service providers whenever required by law or reasonably necessary to protect the integrity of the Services.

10.8 No Liability for User Negligence. To the fullest extent permitted by Applicable Law, United Stables shall not be liable for any Losses resulting from: (a) User failure to safeguard Security Credentials;
(b) device, browser, or wallet vulnerabilities;
(c) malware, key-logging, or phishing attacks;
(d) fraudulent third-party websites or communications;
(e) User errors in transaction execution (including wrong network or wrong address);
(f) third-party wallet failures or incompatibility. Users bear all risks associated with maintaining the security of their own systems, devices, and Wallet Addresses.

11. Suspension and Termination

11.1 Right to Suspend or Terminate Access. United Stables may, at any time and in its sole discretion, suspend, restrict, or terminate a User's access to any or all of the Services (including Minting or Redemption), with or without prior notice, if United Stables determines that:
(a) the User has violated, or is reasonably suspected of violating, these Terms;
(b) the User has provided false, misleading, or incomplete information;
(c) the User is, or is reasonably suspected of being, a Restricted Person or acting on behalf of one;
(d) the User is engaged in, or attempting to engage in, any Restricted Activity or Prohibited Transaction;
(e) the User's activity poses a legal, regulatory, financial crime, operational, or reputational risk to United Stables. United Stables is not required to disclose the basis for any suspension or termination.

11.2 Suspension or Termination of Mint User Status. United Stables may suspend, revoke, or terminate a User's Mint User status (including revoking whitelisted Wallet Addresses) if:
(a) the User fails to satisfy ongoing AML/CTF, sanctions, or KYC obligations;
(b) beneficial ownership, directors, officers, controlling persons, or business activities materially change;
(c) the User refuses to provide updated information or documentation;
(d) the User attempts to circumvent controls, screening, risk mitigation processes, or wallet restrictions;
(e) the User becomes subject to bankruptcy, insolvency, liquidation, or restructuring.

11.3 Effect of Suspension. During any suspension, United Stables may:
(a) deny, delay, or restrict access to some or all Services;
(b) freeze, block, or restrict Minting or Redemption;
(c) delay or cancel pending transactions;
(d) designate Wallet Addresses as Blocked Addresses under Section 7.4;
(e) require additional KYC/AML documentation or verification;
(f) notify or cooperate with regulatory, supervisory, or law enforcement authorities where required;
(g) impose enhanced monitoring or review requirements.

11.4 Effect of Termination. Upon termination of access or Services:
(a) all rights to use the Services immediately cease;
(b) all pending transactions may be cancelled, delayed, or rejected;
(c) Mint Users lose any ability to request Minting or Redemption;
(d) Tokens already in circulation remain subject to blockchain rules, but United Stables has no further obligation to provide Services in relation to them;
(e) United Stables may retain, use, or disclose User information as required for AML/CTF, sanctions, legal, or regulatory compliance.

11.5 No Liability for Suspension or Termination. To the fullest extent permitted by Applicable Law, United Stables shall not be liable for any Losses arising from:
(a) suspension or termination of access to the Services;
(b) freezing, blocking, or restricting Wallet Addresses or transactions;
(c) delays, cancellations, or refusal to process Minting or Redemption requests;
(d) regulatory, operational, or compliance actions taken under these Terms; or
(e) decisions made in good-faith risk management or legal compliance.

11.6 User-Initiated Termination. Users may discontinue use of the Services at any time by:
(a) ceasing access to the Site; and
(b) stopping all Minting, Redemption, or interactions with Tokens. Mint Users wishing to terminate their status must provide notice and complete any offboarding requirements requested by United Stables. Termination by the User does not affect obligations arising before termination, including liabilities for Restricted Activities, Prohibited Transactions, or indemnification obligations.

12. Risk Factors and Disclosures

12.1 General Risk Acknowledgment. By holding, transferring, Minting, or Redeeming Tokens, you acknowledge that digital assets and blockchain technology carry inherent risks. You are solely responsible for determining whether use of the Tokens or the Services is appropriate in light of your financial situation and risk tolerance. United Stables does not guarantee the value, availability, legality, or functionality of the Tokens or the Services.

12.2 No Guarantee of Price Stability on Third-Party Platforms. Although the Tokens are designed to maintain a value of approximately 1 USD, United Stables does not guarantee or represent that:
(a) Tokens will always trade at or near 1 USD on third-party markets;
(b) market prices on exchanges, OTC desks, or secondary trading venues will be consistent; or
(c) liquidity will be available for Users to buy or sell Tokens at any price. Market factors, operational events, or demand fluctuations may cause Tokens to trade above or below par value.

12.3 Third-Party Platforms and Protocol Risks. United Stables does not control or endorse any third-party exchanges, wallets, smart contracts, marketplaces, liquidity pools, custodians, or decentralised applications that support or interact with the Tokens. Users acknowledge that: (a) third-party platforms may become insolvent, hacked, restricted, or suspended;
(b) third-party terms, fees, and risks apply independently of these Terms;
(c) United Stables is not liable for losses arising from third-party custody, trading, or operational failures.

12.4 Supported Blockchain Risks. All Token transactions occur on Supported Blockchains, which may be subject to:
(a) outages, network congestion, or delays;
(b) consensus failures, bugs, or unexpected behaviour;
(c) protocol changes, forks, or reorganizations;
(d) smart contract vulnerabilities;
(e) malicious attacks, including 51% attacks, censorship, or exploits. United Stables has no control over blockchain network functionality and shall not be liable for losses resulting from any blockchain-related failure or risk.

12.5 No Deposit Insurance or Safeguarding. Tokens are not a bank deposit, not legal tender, and not backed by any government. Tokens are not insured or guaranteed under:
(a) Federal Deposit Insurance Corporation (FDIC);
(b) Securities Investor Protection Corporation (SIPC);
(c) UK Financial Services Compensation Scheme (FSCS);
(d) any equivalent governmental or private insurance scheme. Users risk total loss of Tokens in the event of issuer failure, technological issues, cyberattacks, or other adverse events.

12.6 Regulatory Risks. Laws and regulations applicable to digital assets and stablecoins may change at any time and may affect the Tokens or the Services. Regulatory actions may require United Stables to:
(a) restrict access to the Services;
(b) suspend Minting or Redemption;
(c) freeze Wallet Addresses or Tokens;
(d) modify or cease certain operations. United Stables is not liable for Losses arising from regulatory changes or actions.

12.7 Cybersecurity Risks. Digital Assets are subject to heightened cybersecurity threats, including: (a) hacking, malware, key theft, phishing, and exploits;
(b) vulnerabilities in wallets, smart contracts, or infrastructure;
(c) compromise of devices used to manage private keys;
(d) supply chain attacks or protocol-level vulnerabilities. United Stables shall not be responsible for Losses resulting from cybersecurity incidents affecting Users, Wallet Addresses, blockchains, or third-party platforms.

12.8 Irreversibility of On-Chain Transactions. Token transactions are final once broadcast to the blockchain. Users accept the risk of permanent loss arising from:
(a) sending Tokens to the wrong Wallet Address;
(b) smart contract interactions;
(c) private key loss;
(d) incompatible wallet software;
(e) fraud or unauthorized access. United Stables cannot reverse or recover Tokens in such circumstances.

12.9 Reserve Risks. Although the Reserves are intended to be composed of high-quality assets (such as cash, treasury bills, and stablecoins) and the Tokens to be backed 1:1 to U.S Dollars, Users acknowledge that:
(a) the composition of Reserves may fluctuate;
(b) custodial, counterparty, or settlement risks may arise;
(c) asset values may decline;
(d) banks or custodians may experience failure or regulatory action;
(e) stablecoin assets may depeg or experience technical failures. United Stables does not guarantee that Reserves will always be available, sufficient, or immediately liquid.

12.10 User Responsibility. Users assume full responsibility for:
(a) evaluating the risks associated with Tokens;
(b) safeguarding their Wallet Addresses and private keys;
(c) verifying the legitimacy of third-party platforms;
(d) maintaining compliance with laws applicable to them.

12.11 No Investment Advice. Tokens are not offered as investments. United Stables does not provide investment, financial, legal, tax, or trading advice. Users should consult independent professionals before making decisions involving Digital Assets.

13. Restricted Activities

Users agree not to engage in, attempt to engage in, or assist any third party in engaging in any of the following activities (collectively, "Restricted Activities") when accessing or using the Services or interacting with Tokens. United Stables may determine, in its sole discretion, whether any conduct constitutes a Restricted Activity.

13.1 Violations of Law. Using the Tokens or the Services in any way that violates, or is reasonably suspected to violate:
(a) Applicable Laws;
(b) sanctions or trade restrictions;
(c) AML/CTF obligations;
(d) anti-fraud, anti-corruption, or financial crime laws; or
(e) tax, securities, commodities, or financial regulations.

13.2 Fraud, Deception, or Misrepresentation. Engaging in, or attempting to engage in:
(a) fraud, deception, or misrepresentation;
(b) providing false, inaccurate, incomplete, or misleading information;
(c) impersonating another person or entity;
(d) falsifying documents or records; or
(e) attempting to gain unauthorized access to the Services.

13.3 Illicit Financial Activities. Using Tokens to facilitate, support, or conceal:
(a) money laundering or terrorist financing;
(b) sanctions evasion; (c) proceeds of crime;
(d) extortion, ransomware, or blackmail; or
(e) human trafficking, narcotics trafficking, or other criminal activity.

13.4 Malicious or Harmful Activity. Engaging in conduct intended to harm the Services, Users, or blockchain networks, including:
(a) distributing malware, viruses, exploits, or malicious code;
(b) attempting to disrupt or overload systems or networks;
(c) attacking blockchain protocols;
(d) tampering with smart contracts or infrastructure.

13.5 Unauthorized Access or Interference.
(a) attempting to access or interfere with United Stables' systems, servers, or data;
(b) bypassing or attempting to bypass security or authentication measures;
(c) scanning, probing, or testing system vulnerabilities.

13.6 Abuse of Services or Market Manipulation. Engaging in or attempting to engage in:
(a) wash trading, spoofing, layering, or front-running;
(b) pump-and-dump schemes;
(c) market manipulation of Tokens or related assets;
(d) actions designed to artificially influence Token price or liquidity.

13.7 Use of Tokens for Unlawful Goods or Services. Using Tokens to facilitate transactions involving:
(a) illegal weapons or explosives;
(b) controlled substances or drug paraphernalia;
(c) stolen goods;
(d) counterfeit documents or currency;
(e) illicit marketplaces, including darknet markets;
(f) gambling, unless permitted under applicable law.

13.8 Violations Relating to Wallet Addresses.
(a) using Wallet Addresses owned or controlled by Restricted Persons;
(b) interacting with Blocked Addresses;
(c) using non-whitelisted Wallet Addresses for Minting or Redemption;
(d) using Wallet Addresses associated with illicit activity
(e) using Wallet Addresses listed in the Sanction lists.

13.9 Conduct that Creates Legal, Regulatory, or Reputational Risk. Any conduct that United Stables reasonably determines:
(a) threatens its ability to comply with law or regulatory requirements;
(b) exposes United Stables to potential liability;
(c) compromises the integrity of the Tokens;
(d) harms United Stables' reputation or relationships with custodians, banking partners, regulators, or service providers.

13.10 Consequences of Restricted Activities. If a User engages in or is suspected of engaging in a Restricted Activity, United Stables may, without prior notice:
(a) suspend or terminate access to the Services;
(b) freeze, block, restrict, or reject transactions;
(c) designate Wallet Addresses as Blocked Addresses;
(d) seize, freeze, or surrender Tokens where required by law;
(e) notify or cooperate with law enforcement or regulators;
(f) require additional KYC/AML documentation;
(g) deny, delay, or cancel Minting or Redemption requests;
(h) take any other action necessary to comply with law or mitigate risk. United Stables is not liable for any Losses resulting from actions taken under this Section.

14. Prohibited Transactions

Users agree not to use the Tokens or the Services to engage in, or attempt to engage in, any of the following transactions ("Prohibited Transactions"). United Stables may determine, in its sole discretion, whether any transaction constitutes a Prohibited Transaction.

14.1 Transactions Involving Restricted Persons or Restricted Territories. Users must not:
(a) transact with, or on behalf of, any Restricted Person;
(b) transact with, or on behalf of, any individual or entity located in a Restricted Territory;
(c) transfer Tokens to or from Wallet Addresses owned, controlled, or operated by Restricted Persons;
(d) use Tokens to circumvent sanctions, trade restrictions, or export controls.

14.2 Transactions for Illegal Goods or Services. Users may not use Tokens to purchase, sell, or facilitate transactions involving:
(a) illegal weapons, explosives, or military-grade equipment;
(b) controlled substances or narcotics;
(c) counterfeit documents, goods, or currency; (d) stolen property;
(e) human trafficking, smuggling, or other criminal enterprises;
(f) goods or services prohibited under Applicable Laws.

14.3 High-Risk or Unlicensed Financial Services. Users may not use the Tokens or the Services to operate or engage in:
(a) unlicensed money transmission or payment services;
(b) unregistered securities, derivatives, or investment schemes;
(c) unlicensed lending, margin, or deposit-taking activities;
(d) Ponzi schemes, pyramid schemes, or other fraudulent schemes.

14.4 Darknet and Illicit Marketplaces. Users may not use Tokens to interact with:
(a) darknet markets or marketplaces selling illegal goods or services; (b) mixers or tumblers operated for illicit purposes;
(c) platforms or services known to facilitate criminal activity; (d) ransomware operators or extortion schemes.

14.5 Market Manipulation and Fraudulent Activity. Users may not use Tokens to engage in:
(a) wash trading, spoofing, layering, or other market manipulation;
(b) pump-and-dump schemes or price manipulation;
(c) insider trading or misuse of material non-public information;
(d) creating or submitting false or fraudulent transactions or records.

14.6 Privacy Tools Used With Intent to Evade Compliance. Use of privacy-enhancing services, tools, or protocols is prohibited where intended to:
(a) evade sanctions or AML/CTF controls;
(b) conceal the source or destination of funds for illicit purposes;
(c) avoid transaction monitoring or regulatory obligations;
(d) obscure the involvement of Restricted Persons.

14.7 Transactions Involving Fraud or Misappropriation. Users may not use Tokens to:
(a) misappropriate property or funds;
(b) commit theft, embezzlement, or fraud;
(c) conduct phishing, impersonation, romance scams, or business email compromise;
(d) perpetrate identity theft or synthetic identity schemes.

14.8 Transactions That Create Material Legal or Regulatory Risk. United Stables may prohibit or reject any transaction that:
(a) exposes United Stables to regulatory investigation or liability;
(b) jeopardizes United Stables' banking, custodial, or payment relationships;
(c) conflicts with applicable laws or supervisory guidance;
(d) undermines the integrity or lawful operation of the Tokens.

14.9 Consequences of Prohibited Transactions. If a User engages in or attempts to engage in a Prohibited Transaction, United Stables may, without prior notice:
(a) freeze, block, or restrict Tokens or Wallet Addresses;
(b) suspend or terminate access to the Services;
(c) refuse, cancel, delay, or reverse transactions;
(d) require enhanced due diligence or additional documentation;
(e) designate Wallet Addresses as Blocked Addresses;
(f) report the activity to law enforcement or regulators;
(g) seize, surrender, or forfeit Tokens where required by law;
(h) take any other action necessary to comply with law or mitigate risk.

15. Indemnification; Release

15.1 Indemnification by Users. To the fullest extent permitted by Applicable Law, you agree to indemnify, defend, and hold harmless United Stables, its affiliates, and their respective directors, officers, employees, agents, and service providers (collectively, the "United Stables Parties ") from and against any Losses arising out of or relating to:
(a) your access to or use of the Tokens or the Services;
(b) your breach or violation of these Terms;
(c) your violation of any Applicable Law, sanctions, or regulatory obligation;
(d) inaccurate, incomplete, or misleading information you provide;
(e) unauthorized access to your Wallet Address or Security Credentials;
(f) your involvement in any Restricted Activity or Prohibited Transaction;
(g) disputes or claims between you and any third party; or
(h) actions taken by United Stables in accordance with these Terms or Applicable Law.

15.2 Indemnification Procedures. United Stables may, at its election:
(a) assume control of the defence of any claim subject to indemnification; or
(b) require the User to defend the claim using counsel acceptable to United Stables. Users shall not settle any claim without prior written consent from United Stables. United Stables may require Users to provide reasonable cooperation and assistance in defending claims.

15.3 Release of United Stables. To the fullest extent permitted by law, each User unconditionally releases and discharges the United Stables Parties from any and all claims, demands, causes of action, disputes, and damages (actual or consequential) arising out of or relating to:
(a) disputes with third parties relating to Tokens or the Services;
(b) transactions involving Wallet Addresses not controlled by United Stables;
(c) actions or omissions of third-party exchanges, wallets, protocols, custodians, or service providers;
(d) blockchain network failures, delays, or vulnerabilities;
(e) cyberattacks, fraud, or unauthorized access not caused by United Stables' gross negligence or wilful misconduct;
(f) irreversible on-chain transactions; or
(g) events beyond United Stables' reasonable control. Users expressly waive any legal or equitable rights they may have against the United Stables Parties in connection with such matters.

15.4 Release Relating to Third-Party Disputes. If a User has a dispute with another User, exchange, protocol, counterparty, or any third party, the User releases the United Stables Parties from all claims, demands, and damages, known or unknown, suspected or unsuspected, or disclosed or undisclosed, arising out of or relating to such disputes. Users acknowledge that United Stables is not responsible for third-party conduct, acts, omissions, or failures.

15.5 No Duty to Investigate or Resolve Third-Party Claims. United Stables is not obligated to:
(a) resolve disputes between Users and third parties;
(b) recover Tokens lost through third-party activity;
(c) intervene in disputes involving Wallet Addresses, smart contracts, or exchanges; (d) trace stolen, lost, or misappropriated Tokens. Any such actions by United Stables are purely voluntary and do not create ongoing obligations.

15.6 Survival. The indemnification and release obligations set forth in this Section survive:
(a) termination of the User's access to the Services;
(b) termination of these Terms;
(c) any Redemption or transfer of Tokens;
(d) suspension or revocation of Mint User status.

16. Limitation of Liability; No Warranty

16.1 No Liability for Indirect or Consequential Losses. To the fullest extent permitted by Applicable Law, United Stables and the Protected Parties shall not be liable for any:
(a) indirect, incidental, special, punitive, exemplary, or consequential damages;
(b) loss of profits, revenue, goodwill, business, or opportunity;
(c) loss of data, loss of access, or loss of use; whether based on contract, tort, negligence, strict liability, or otherwise, even if United Stables has been advised of the possibility of such damages.

16.2 No Liability for Blockchain or Technology Failures. United Stables is not liable for any losses arising from:
(a) blockchain congestion, delays, forks, reorganizations, exploits, or failures;
(b) vulnerabilities in blockchain protocols or smart contracts;
(c) hacks, cyberattacks, or security breaches affecting Users, Wallet Providers, exchanges, or third-party platforms;
(d) gas fee fluctuations or failed transactions;
(e) irreversible on-chain activity or loss of private keys. Users bear all risks associated with blockchain technology.

16.3 No Liability for User Errors. United Stables shall not be liable for losses resulting from:
(a) lost, stolen, or compromised private keys or Wallet Addresses;
(b) User mistakes (e.g., sending Tokens to the wrong address or incompatible network);
(c) reliance on fraudulent communications, phishing, or social engineering; (d) failure to maintain accurate contact or account information. Token transactions are irreversible, and United Stables cannot recover Tokens lost due to User error.

16.4 No Liability for Third-Party Platforms. United Stables is not responsible for, and shall not be liable for, any Losses arising from:
(a) actions, omissions, insolvency, or failures of third-party exchanges, wallets, custodians, service providers, or protocols;
(b) errors, downtime, hacks, thefts, or exploits involving Third-Party Platforms;
(c) information, products, or services provided by third parties;
(d) integration failures or changes in availability of third-party services. Users interact with Third-Party Platforms solely at their own risk.

16.5 No Liability for Regulatory or Compliance Actions. United Stables is not liable for any losses arising from:
(a) regulatory changes, enforcement actions, or government directives;
(b) freezing, blocking, or delaying transactions to comply with law;
(c) designation of Wallet Addresses as Blocked Addresses;
(d) sanctions screening, AML/CTF procedures, or reporting obligations;
(e) suspension or termination of Services required by law. Users acknowledge that regulatory risks are inherent to Digital Assets.

16.6 Maximum Liability Cap. To the fullest extent permitted by applicable law, United Stables' total cumulative liability to any User for any claim arising out of or relating to the Tokens or the Services shall be limited to the net amount paid by the User directly to United Stables (if any) for Minting Tokens in the 12 months preceding the event giving rise to the claim. Holding Users who only acquire Tokens on secondary markets shall have no monetary claim against United Stables.

16.7 No Warranty; "As Is" and "As Available " Basis. The Tokens and the Services are provided "as is," "as available," and without warranty of any kind, whether express, implied, or statutory. United Stables expressly disclaims all warranties, including:
(a) merchantability;
(b) fitness for a particular purpose;
(c) title or non-infringement;
(d) uninterrupted or error-free service;
(e) accuracy, timeliness, or completeness of information;
(f) that Tokens will always maintain a stable value or parity with any asset.

18. Force Majeure

18.1 Force Majeure Events. United Stables shall not be liable for any delay, failure, interruption, or inability to perform any of its obligations under these Terms or in connection with the Services if such delay or failure results, in whole or in part, from any Force Majeure Event, including but not limited to, natural disasters, acts of God, storms, floods, fires, earthquakes, tsunamis, or other natural catastrophes, war, invasion, hostilities, civil unrest, terrorism, sabotage, or armed conflict, epidemics, pandemics, quarantine restrictions, or public health emergencies, blockchain network failures, congestion, forks, reorganizations, exploits, or unavailability, cyberattacks, hacking incidents, denial-of-service attacks, or other cybersecurity threats.

18.2 Suspension of Services. During a Force Majeure Event, United Stables may, without liability:
(a) suspend some or all of the Services;
(b) temporarily disable Minting or Redemption;
(c) delay processing of transactions; (d) freeze or restrict Wallet Address functionality;
(e) sever connections with third-party platforms or providers.

18.3 No Waiver of Rights. United Stables shall not be liable for any Losses arising from or related to:
(a) the occurrence of a Force Majeure Event; or
(b) actions taken in response to a Force Majeure Event.

19. Limited License; IP Rights

19.1 Ownership of Intellectual Property. All intellectual property rights in and to the Tokens, the Services, the Site, smart contracts, software, branding, trademarks, logos, documentation, data, and all related content or materials (collectively, the "United Stables IP") are and shall remain the exclusive property of United Stables or its licensors. Nothing in these Terms transfers or assigns any ownership interests in the United Stables IP to any User.

19.2 Limited License. Subject to compliance with these Terms, United Stables grants Users a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to access and use the Services solely for their lawful and permitted use of Tokens. This license automatically terminates upon suspension or termination of access to the Services.

19.3 Restrictions. Users shall not, and shall not permit any third party to:
(a) copy, reproduce, modify, adapt, translate, or create derivative works of any United Stables IP;
(b) distribute, sell, license, sublicense, or commercially exploit the Services or United Stables IP;
(c) reverse engineer, decompile, disassemble, or attempt to extract source code from the Services, smart contracts, or software;
(d) remove, obscure, or alter any copyright, trademark, or proprietary notices. Any unauthorized use of the United Stables IP constitutes a material breach of these Terms.

19.4 Third-Party Intellectual Property. The Services may include software, code, libraries, APIs, or components licensed from third parties. Such third-party materials remain the property of their respective owners and may be subject to additional terms. Users must comply with all such third-party terms where applicable.

19.5 Feedback. If a User provides feedback, suggestions, enhancement requests, or other input regarding the Tokens or the Services ("Feedback"), United Stables may use such Feedback without restriction and without any obligation to compensate the User.

20. Changes to the Terms

20.1 Right to Modify. United Stables may update, modify, or replace these Terms at any time in its sole discretion. Changes may be made for any reason, including operational, legal, regulatory, technical, or security purposes.

20.2 Notice of Changes. United Stables may provide notice of changes by:
(a) posting the updated Terms on the Site;
(b) updating the "Last Updated" date; or
(c) any other method United Stables reasonably determines. United Stables is not required to notify Users individually unless required by Applicable Law. Unless otherwise stated, changes to these Terms are effective upon posting.

20.3 Continued Use as Acceptance. Continued access to or use of the Tokens or the Services after changes become effective constitutes acceptance of the updated Terms. If a User does not agree to the new Terms, they must immediately stop using the Tokens and the Services.

21. General Provisions

21.1 Assignment. You may not assign, transfer, or delegate any rights or obligations under these Terms without United Stables' prior written consent. United Stables may assign or transfer these Terms, or any rights or obligations hereunder, in whole or in part, without notice or restriction, including to affiliates or successors.

21.2 Change of Control. In the event that United Stables is acquired by or merged with a third party entity, we reserve the right, in any of these circumstances, to transfer or assign the information we have collected from you as part of such merger, acquisition, sale, or other change of control.

21.3 Binding Effect. These Terms shall be binding upon and inure to the benefit of:
(a) the parties hereto;
(b) any permitted successors and assigns of United Stables;
(c) any entities to which United Stables validly delegates performance. Users acknowledge that their obligations under these Terms continue notwithstanding any change in ownership, control, corporate structure, or assignment by United Stables.

21.4 No Third-Party Beneficiaries (with Limited Carve-Out). Except as expressly provided in this Section, these Terms do not create any rights or remedies for any third party and no person other than the User and United Stables may enforce any provision of these Terms. However, the following parties are expressly deemed third-party beneficiaries with the right to enforce relevant provisions for their own benefit:
(i) affiliates of United Stables;
(ii) directors, officers, employees, agents, representatives, or service providers of United Stables;
(iii) any entity to which United Stables assigns or transfers its rights or obligations under these Terms.

21.5 No Agency or Partnership. Nothing in these Terms shall be construed to create a partnership, joint venture, or fiduciary relationship; an agency or employment relationship; any duty of loyalty, care, or trust, between United Stables and any User. Users act solely on their own behalf and not on behalf of United Stables when holding or transferring Tokens.

21.6 Entire Agreement. These Terms, together with any policies or notices referenced herein, constitute the entire agreement between you and United Stables regarding the Tokens and the Services, and supersede all prior or contemporaneous understandings, agreements, or representations.

21.7 No Waiver. No failure or delay by United Stables in exercising any right, power, or remedy under these Terms shall operate as a waiver of such right or remedy. Any waiver must be in writing and signed by an authorized representative of United Stables.

21.8 Severability. If any provision of these Terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall remain in full force and effect. Invalid provisions shall be replaced with provisions that most closely reflect the original intent and are enforceable.

21.9 Continuing Obligations. The termination of these Terms, the discontinuation of the Services, or the cessation of a User's access to or interaction with the Tokens shall not affect the validity, enforceability, or survival of any provisions of these Terms that, by their nature or express terms, are intended to survive.

21.10 No Reliance on Outside Representations. Users acknowledge and agree that:
(a) they have not relied on any representation, warranty, statement, or promise not expressly set out in these Terms;
(b) no oral or written communications from United Stables or its representatives create any binding obligations unless expressly incorporated into these Terms;
(c) in entering into these Terms, they have not relied upon:
(i) promotional materials, marketing statements, or public communications;
(ii) statements made by third-party platforms or service providers;
(iii) future projections or expectations relating to the Tokens or the Services.

21.11 No Waiver. No failure, delay, or omission by United Stables in exercising any right, power, or remedy under these Terms shall operate as a waiver of that right, power, or remedy, impair or prejudice any future exercise of that right, power, or remedy; or be construed as an election or relinquishment of rights.

21.12 Reservation of Rights. United Stables reserves all rights, powers, and remedies available under these Terms, applicable law and equity. Exercise of any right or remedy by United Stables does not preclude the exercise of any other right or remedy.

22. Governing Law

22.1 Governing Law. These Terms, and any non-contractual obligations arising out of or relating to them, the Tokens, or the Services, shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to any choice-of-law or conflict-of-laws principles that would result in the application of the laws of any other jurisdiction.

22.2 Jurisdiction. Users irrevocably agree that the courts of the British Virgin Islands shall have exclusive jurisdiction to hear and determine any dispute, claim, action, or proceeding arising out of or relating to these Terms, the Tokens, the Services, or any transaction or interaction between United Stables and the User. Users waive any objection to proceedings in such courts on the grounds of lack of personal jurisdiction, inconvenient forum, improper venue; or any similar doctrine.

22.3 Permitted Actions in Other Jurisdictions. Notwithstanding Section 22.2, United Stables may bring proceedings against a User in any jurisdiction where:
(a) the User is located, resides, or has assets;
(b) the User has breached applicable law;
(c) enforcement actions, injunctions, or urgent relief are appropriate;
(d) compliance with sanctions, regulatory requirements, or governmental orders necessitates action.

22.4 Service of Process. Users agree that service of legal process may be effected by:
(a) email to the address provided by the User;
(b) courier or registered mail; or
(c) any method permitted by applicable law of the British Virgin Islands or the User's jurisdiction. Email service shall be deemed effective upon dispatch.

22.5 No Collective or Representative Actions. To the fullest extent permitted by applicable law, each User agrees that any Dispute with United Stables shall be brought solely on an individual basis, and not as a plaintiff or class member in any purported class action, collective action, representative action, or consolidated proceeding. The courts of the British Virgin Islands shall not have authority to preside over any class, collective, consolidated, or representative proceeding arising under or relating to these Terms.