Last updated September 2026
Risk Disclosure
Digital-dollar payments carry risks that differ from a bank account. Please read this before holding or transacting USDXX through YaysPay.
1. USDXX is not legal tender or FDIC-insured
USDXX is a reserve-backed digital dollar issued by an authorized issuer. It is not government-issued currency, not a bank deposit, and not itself covered by FDIC insurance. Indexx is not a chartered bank and does not guarantee deposits.
2. Custodial structure
In Simple Mode, Indexx or a regulated partner holds USDXX on your behalf and you have a contractual claim recorded in your account. You are relying on the internal ledger, custody arrangements and reserve coverage, all of which are reconciled daily and independently attested.
3. Reserve and redemption risk
Redemption to fiat depends on the issuer and partner bank processing your request. Stablecoin regulations require one-to-one reserves in specified liquid assets, but redemption timing and processing fees apply.
4. Conversion and volatility
Converting BTCY, BTC or USDT to USDXX happens at a market rate disclosed at the time. Crypto assets other than USDXX can lose value quickly. Merchants receive USDXX, not volatile crypto.
5. Operational and security risk
Software, custody providers, banking partners and blockchain networks can fail or be disrupted. Scam Guard reduces but does not eliminate fraud risk. Protect your device and authentication credentials, and never share recovery information.
6. Regulatory change
Payment-stablecoin rules, money-transmission requirements and AML frameworks are evolving. Features, availability and terms may change to remain compliant in each jurisdiction.
This page is placeholder content for a pre-launch product demo. It is not legal advice and does not create any contractual relationship. Final terms will be published with the licensed entities and regulated partners named.