Explore the app Risk disclosure
Stablecoin-enabled payments can introduce risks that differ from ordinary bank payments. This page summarises the categories that require route-specific disclosure.
USDe uses a synthetic-dollar model involving hedging positions. Its risks include changes in derivatives funding rates, liquidation, custody, exchange counterparties and disruption to the hedging strategy. It should not be described as identical to a conventional cash-reserve-backed token. The implications for a payment depend on the chosen route and the responsibilities stated by the relevant provider.
PayGap is designed to connect funding and payout services supplied through partners. Some routes may use stablecoins for settlement. The use of a digital settlement asset does not guarantee a faster, cheaper or risk-free payment. Before proceeding, review the amount, fees, recipient, timing and provider disclosures. Ask for clarification if you do not understand who holds the funds or what happens when a transaction fails.
Verification, sanctions checks, bank cut-off times, holidays, liquidity constraints and outages can delay or prevent a payment. A provider may fail or cease supporting a route. Recovery and access to funds depend on the account structure, governing rules and the circumstances. Exchange rates can change before a quote is accepted or after it expires. A return that requires fresh conversion may have a different value, subject to applicable refund rights. Incorrect recipient or funding details may make recovery difficult.
A stablecoin is designed to track a reference value but may depart from it. Reserve quality, issuer operations, access to redemption and market liquidity can affect its value and usability. A customer may not have a direct redemption relationship with its issuer. Blockchain congestion, network outages, software defects, smart-contract failures or attacks can disrupt settlement. Transfers to an incompatible network or incorrect address may be unrecoverable. Some assets can be frozen by an issuer or affected by sanctions or other legal action. These are route-dependent risks. Where stablecoins are used only between providers, the customer agreement must identify how a disruption affects the promised fiat payout and who bears responsibility. This notice does not transfer all settlement losses to you.
Impersonation, account takeover and investment or relationship scams can cause loss. Verify payment requests independently and do not share access credentials or recovery phrases. Contact support promptly about suspicious activity. An app balance is not automatically a bank deposit. Deposit insurance, safeguarding, redemption rights and insolvency treatment differ by entity, asset and service. Only the protection specifically applicable to your arrangement should be relied upon. The European Supervisory Authorities' warning explains that cryptoasset protection varies by product and provider. PayGap does not promise investment returns through this payment experience. Nothing in this notice waives a remedy you have against Universo or a provider. Use the Contact form for assistance.
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