1. Acceptance of Terms
These Terms of Service (“Terms”) constitute a legally binding agreement between you (“User”, “you”) and StableBank Ltd. and its global operating subsidiaries (“StableBank”, “we”, “our”).
Accessing or using any feature of the StableBank web portal, mobile client, virtual debit cards, or smart contract infrastructure signifies your full agreement to these Terms and our Privacy Policy. If you do not agree, you must immediately discontinue use of the platform.
2. Eligibility & Identity Verification (KYC/AML)
To utilize StableBank services, you represent and warrant that:
- You are at least 18 years of age (or the legal age of majority in your jurisdiction).
- You are not a citizen, resident, or organized entity located in any jurisdiction subject to comprehensive sanctions (including Cuba, Iran, North Korea, Syria, or designated sanctioned regions).
- You are not listed on any OFAC, United Nations, or European Union sanctions denial lists.
- All identity documents and information submitted during onboarding are truthful, accurate, and up to date.
3. Non-Custodial Protocol Operations
StableBank provides decentralized threshold cryptography and non-custodial MPC wallet infrastructure. You acknowledge that:
You retain ultimate control over your cryptographic key shards. StableBank cannot reverse on-chain transactions, recover lost recovery phrases, or initiate transfers without your explicit cryptographic authorization.
You are solely responsible for maintaining the physical and digital security of your authorized devices and backup authentication methods.
4. Virtual Card Program & Settlement Terms
StableBank virtual debit cards are issued under license by partnering financial institutions through the Visa network:
- Real-Time Conversion: Authorizations trigger automatic real-time liquidation of stablecoin balances at the prevailing index rate to settle merchant charges in local fiat currency.
- Card Limits: Daily, monthly, and per-transaction limits apply according to your tier verification level.
- Single-Use Burner Cards: Cards generated as single-use automatically expire upon completion of the initial authorized transaction.
5. Acceptable Use & Prohibited Activities
You agree not to use StableBank for:
Purchasing, selling, or facilitating transactions for unlicensed or prohibited substances and materials.
Engaging in wash trading, card testing, synthetic identity schemes, or fraudulent chargeback claims.
Using mixers, anonymizers, or darknet services linked to blacklisted addresses.
Decompiling, scraping, or attempting to compromise smart contract state or API security layers.
6. Fees, Gas Limits & Yield Disclosures
StableBank transparently publishes all applicable fee structures:
- Network Gas: On-chain transfers require network gas fees dictated by underlying decentralized blockchains.
- Card FX Fees: International purchases outside your card's base currency may incur a low 0.5% – 1.0% conversion spread.
- Variable Yields: Advertised APY yields in vaults and savings accounts are variable, protocol-governed rates subject to market fluctuations.
7. Limitation of Liability & Disclaimers
THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND. STABLEBANK SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES ARISING FROM SMART CONTRACT REORGS, BLOCKCHAIN FORKS, UNANTICIPATED DOWNTIME, OR USER LOSS OF CRYPTOGRAPHIC KEYS.
8. Arbitration & Dispute Resolution
Any dispute or claim arising from these Terms shall be resolved by binding, individual arbitration rather than court litigation. Class action proceedings are strictly waived.