Tether USD

The user's counterparty under the terms is Tether International, S.A. de C.V. (formerly Tether International Limited).

“These Terms, together with the Incorporated Materials (as defined below), constitute the entire agreement and understanding with respect to the access or use of any or all of the Services, and any access or use of the Site, between you and Tether International, S.A. de C.V.”

The right to buy USDT from Tether or have it redeemed is a contractual right personal to the verified customer.

“The right to purchase Tether Tokens or have Tether Tokens redeemed is a contractual right personal to you.”

Tether is authorised as a stablecoin issuer and digital asset service provider in El Salvador and supervised by the National Commission of Digital Assets.

“Tether has obtained authorisation as a Stablecoin Issuer and Digital Assets Service Provider under the El Salvador Regulations for Issuance of Stablecoin Public Offerings and is subject to the regulatory requirements specified by the National Commission of Digital Assets of El Salvador”

The Tether terms are governed by the laws of the British Virgin Islands.

“These Terms shall be governed by and construed and enforced in accordance with the Laws of the British Virgin Islands, and shall be interpreted in all respects as a British Virgin Islands contract.”

Tether redeems through its site from time to time, subject to minimum redemption amounts and other requirements.

“Tether may from time to time make redemptions of Tether Tokens through the Site subject to minimum redemption amounts and other requirements.”

Only verified Tether customers can have USDT issued or redeemed by Tether.

“In order to cause Tether Tokens to be issued or redeemed by Tether, you must be a verified customer of Tether.”

If a blockchain carrying USDT forks, Tether may suspend its services temporarily or for a long time with little or no notice.

“Where a blockchain or protocol on which Tether Tokens are issued is forked, Tether may elect to suspend the Services temporarily or for an extended period of time on little or no notice.”

Reserves consist of cash, cash equivalents and other assets and may include loans and other assets from affiliates.

“The Reserves are comprised of cash, cash equivalents and other assets and may include loan receivables and other assets from Affiliates.”

Tether may freeze tokens held by a user as required by law or where it decides in its sole discretion that this is prudent.

“Tether may suspend or terminate your access to the Site or any of the Services, freeze any Tether Tokens held by you, or terminate your Tether Token Wallet, as required by applicable Law or where Tether, in its sole discretion, determines it is prudent to do so”

The terms foresee migrating USDT to another blockchain or protocol identified by Tether; Tether takes no responsibility if a holder does not migrate.

“Tether assumes no liability or responsibility whatsoever arising out of or relating to your failure to effectuate such migration of your Tether Token to another blockchain or protocol identified by Tether.”

Tether may amend its terms at any time without prior notice.

“These Terms may be amended, changed, or updated by Tether at any time and without prior notice to you.”