# Off-ramp. Native Crypto Currencies Accept crypto payments, off-ramp crypto, or build a custom route flow automatically in a single app. - `< 2s` Crypto settlement speed - `1M+` Transactions on Holyheld - `24/7/365` Smart Contract settlement ## You get ### Accept crypto and stablecoin in a single fiat output Tokens, stablecoins, RWAs on 20+ networks. One app handles asset diversity. ### Security first Battle-tested security infrastructure. ### Settle in seconds Crypto-to-fiat clears on L2s in under 2 seconds. No T+1. No correspondent banks. No cut-off times. Saturday night settles the same as Tuesday afternoon. ### One app to coordinate your entire deposit stack Exchange, bridge, banking rail, or card network. Holyheld is one composable app that connects the pieces you already have and fills the gaps you don't. ## Multi-assets support Stablecoins, native tokens, long-tail assets, and tokenized RWAs including treasuries, bonds, and equities. ## Multi-network support Transactions supported on Ethereum, Arbitrum, Base, Solana, Tron, and 20+ other networks through a single endpoint. ## Fiat rail settlement Settle into SEPA, SWIFT, CHAPS, or TARGET2. Same-day or instant depending on the corridor. ## Wallets supported Compatible with external non-custodial wallets, smart wallets, Privy, and custom custodial setups. ## Lend to spend Spending directly from yield-bearing positions in real time. No withdrawal or redemption step required. ## Real-time reconciliation Every exchange is tracked on-chain with a full audit trail. Balances, conversions, and settlement status available in real time. ## Read Case Study ### Curve From stablecoin FX to yield Building an Onchain FX Marketplace. Transform stablecoin trading into a global onchain FX marketplace. ## Frequently asked questions Everything you need to know about Holyheld. ### General #### What is Holyheld? Holyheld is a non-custodial account that lets you spend crypto as fiat in everyday purchases. Holyheld never holds your crypto or your private keys. #### How does Holyheld work? Connect your own wallet, convert crypto to fiat, and move it to your account balance to spend. Pay with your account balance, Apple Pay, or Google Pay anywhere it's accepted. #### Who is Holyheld built for? Holyheld is built for crypto natives, DeFi traders and protocol teams who want to spend onchain value in the real world. Every user keeps full custody of their assets while gaining a compliant fiat spending rail. #### Is Holyheld custodial? No. Holyheld is fully non-custodial — it does not hold or control your crypto-assets or private keys, and your funds remain in your own wallet. #### What networks does Holyheld support? Holyheld supports 20+ networks with continuous expansion. EVM networks like Ethereum, Arbitrum, Base, Optimism, Polygon, and Hyperliquid; and other networks like Solana and Starknet. #### What crypto can I top up with? You can top up with major stablecoins like USDC and USDT, plus 1,200+ other tokens across 20+ networks. Every balance converts to fiat on your account automatically. ### Account #### What accounts does Holyheld offer? Holyheld offers virtual and physical accounts across three tiers: Classic, Limited Edition, and Metal. You can use your virtual account instantly while your physical account is on the way. #### Does Holyheld work with Apple Pay and Google Pay? Yes. Both virtual and physical accounts work with Apple Pay and Google Pay, so you can spend straight from your phone. #### What is a $holytag? A [$holytag] is a unique username that lets you send, receive, and request funds instantly without sharing personal or account details. It also opens up onchain composability, so your favorite crypto protocols can pay you directly. #### How does cashback work? Holyheld pays cashback in USDC on every purchase — 0.5% for Classic and Limited Edition holders, and 1% for Metal holders. #### Can I get a personal IBAN? Yes. Each user can get a personal IBAN for SEPA transfers, including salary and rent payments. ### Fees & Limits #### Does Holyheld charge monthly fees? No. There is no account opening fee and no monthly maintenance fee — you pay only a one-time account price of [EUR 29] Classic, [EUR 99] Limited Edition, or [EUR 199] Metal. #### What are the top-up fees? Converting crypto to fiat and topping up your account is free at 0%. Gasless approvals let you top up from an external wallet without paying any network gas. #### What are the payment and ATM fees? Payments in your account currency have a 0% FX fee, while international payments cost 2.5% + [EUR 1]. ATM withdrawals are [EUR 1] domestic and 2.5% + [EUR 2] international. ### Security & Compliance #### How does Holyheld handle KYC? Holyheld performs KYC and AML verification through third-party providers before activating your account. Because the platform is non-custodial, your crypto and private keys always remain under your control. #### Is my money safe? Your crypto stays in your own self-custodied wallet, Holyheld never has access to your assets or keys. Fiat account balances are held with regulated payment partners and protected by industry-standard fraud safeguards. # On-ramp. Native Fiat Currencies Make stablecoin payments, fund onchain trading protocolsin fiat. - `%` DeFi integrations - `$320B` Stablecoin market - `<30s` From fiat to on-chain delivery ## You get ### Fiat to on-chain in a single integration Multiple fiat rails: SWIFT, SEPA, ACH, WIRE, CHAPS, Visa, Mastercard. No exchange accounts to manage. No per network onramp logic. One app, multiple destinations. ### Liquidity without trade-offs Enable earning and spending from the same position simultaneously. No redemption queues. No forced exit from yield to access liquidity. ## Fiat rail on-ramp Convert from SEPA, SWIFT, CHAPS, ACH, WIRE, or cards in real-time or scheduled, depending on the corridor. ## Direct-to-protocol routing Fiat arrives and lands directly into DeFi positions — no intermediate wallet, no manual steps between conversion and deployment. ## Non-custodial yield Funds route into vaults on Sky, AAVE, Morpho, and other protocols — users retain full custody while earning variable APY. ## Spend-from-yield Enable spending directly from yield-bearing positions via cards — no withdrawal step, no redemption queue, no forced exit. ## Stablecoin payouts Pay contractors, vendors, and partners across the world in stablecoins — faster and cheaper than traditional cross-border wires. ## Multi-asset on-ramp Not just stablecoins — fiat converts into any supported token across all available blockchain networks. ## Multi-chain delivery On-ramped funds deliver to Ethereum, Arbitrum, Base, Solana, and 20+ other networks via a single endpoint. ## All wallets supported Compatible with external non-custodial wallets, smart wallets, Privy, and custom custodial setups. ## Read Case Study ### Morpho Fiat to yield in one step Read how users can deposit fiat and land directly in Morpho USDC vaults earning variable APY. No token swaps. No bridging. No DeFi interface to navigate. ## Frequently asked questions Everything you need to know about Holyheld. ### General #### What is Holyheld? Holyheld is a non-custodial account that lets you spend crypto as fiat in everyday purchases. Holyheld never holds your crypto or your private keys. #### How does Holyheld work? Connect your own wallet, convert crypto to fiat, and move it to your account balance to spend. Pay with your account balance, Apple Pay, or Google Pay anywhere it's accepted. #### Who is Holyheld built for? Holyheld is built for crypto natives, DeFi traders and protocol teams who want to spend onchain value in the real world. Every user keeps full custody of their assets while gaining a compliant fiat spending rail. #### Is Holyheld custodial? No. Holyheld is fully non-custodial — it does not hold or control your crypto-assets or private keys, and your funds remain in your own wallet. #### What networks does Holyheld support? Holyheld supports 20+ networks with continuous expansion. EVM networks like Ethereum, Arbitrum, Base, Optimism, Polygon, and Hyperliquid; and other networks like Solana and Starknet. #### What crypto can I top up with? You can top up with major stablecoins like USDC and USDT, plus 1,200+ other tokens across 20+ networks. Every balance converts to fiat on your account automatically. ### Account #### What accounts does Holyheld offer? Holyheld offers virtual and physical accounts across three tiers: Classic, Limited Edition, and Metal. You can use your virtual account instantly while your physical account is on the way. #### Does Holyheld work with Apple Pay and Google Pay? Yes. Both virtual and physical accounts work with Apple Pay and Google Pay, so you can spend straight from your phone. #### What is a $holytag? A $holytag is a unique username that lets you send, receive, and request funds instantly without sharing personal or account details. It also opens up onchain composability, so your favorite crypto protocols can pay you directly. #### How does cashback work? Holyheld pays cashback in USDC on every purchase — 0.5% for Classic and Limited Edition holders, and 1% for Metal holders. #### Can I get a personal IBAN? Yes. Each user can get a personal IBAN for SEPA transfers, including salary and rent payments. ### Fees & Limits #### Does Holyheld charge monthly fees? No. There is no account opening fee and no monthly maintenance fee — you pay only a one-time account price of [EUR 29] Classic, [EUR 99] Limited Edition, or [EUR 199] Metal. #### What are the top-up fees? Converting crypto to fiat and topping up your account is free at 0%. Gasless approvals let you top up from an external wallet without paying any network gas. #### What are the payment and ATM fees? Payments in your account currency have a 0% FX fee, while international payments cost 2.5% + [EUR 1]. ATM withdrawals are [EUR 1] domestic and 2.5% + [EUR 2] international. ### Security & Compliance #### How does Holyheld handle KYC? Holyheld performs KYC and AML verification through third-party providers before activating your account. Because the platform is non-custodial, your crypto and private keys always remain under your control. #### Is my money safe? Your crypto stays in your own self-custodied wallet, Holyheld never has access to your assets or keys. Fiat account balances are held with regulated payment partners and protected by industry-standard fraud safeguards. # Orchestrate. Relay funds on-chain Route across blockchains, protocols, and assets, in a single API call. - `20+` Route across multiple networks - `24/7/365` Smart Contract settlement - `Weeks` Integration to production ## You get ### One API & SDK across networks and protocols Coordinate between 20+ blockchains, and 100+ DeFi protocols. One composable integration instead of building and maintaining connections to each system independently. ### Cross-chain settlement, not complexity Start on [Solana] and finish on [Ethereum]. No bridging, no wrapping, no manual rebalancing. Chain selection becomes a routing decision, not an engineering project. ### Programmable flows Trigger smart contract events from backend. Conditional logic, streaming payments, multi-party splits. Encoded and enforced by code, not by operations teams. ### Composable modules, not monolithic infrastructure Cards, IBANs, DeFi yield, cross-border settlement, compliance, reconciliation. Each available as a module through API or SDK. Start with what you need. Add more when you're ready. ## Cross-chain routing Move any token on any supported network to its destination in a single API call, even when source and target live on different chains. ## Automatic bridge selection Automatic resolution of optimal bridge and swap path for every transaction, so you never build or maintain routing logic. ## Single integration, every chain Your integration code stays the same whether the transaction touches one network or five — the API or SDK handles the complexity. ## 30,000+ tokens supported Accept any token your user holds and let Orchestrate convert and route it to the right destination automatically. ## Built-in gas abstraction Transactions execute without requiring users to hold native gas tokens, removing the most common cause of stuck payments. ## Web3 abstracted The entire flow is REST and NPM. No direct smart contract interaction, no networks, or tokens management. ## Multi-network balance aggregation Query a user's holdings across all supported networks in one call and present a unified token picker in your UI. ## Works with Deposit and Withdraw Orchestrate composes with both Deposit and Withdraw to easily create complicated on-chain flows. ## Read Case Study ### Curve From stablecoin FX to yield Building an Onchain FX Marketplace. Transform stablecoin trading into a global onchain FX marketplace. ## Frequently asked questions Everything you need to know about Holyheld. ### General #### What is Holyheld? Holyheld is a non-custodial account that lets you spend crypto as fiat in everyday purchases. Holyheld never holds your crypto or your private keys. #### How does Holyheld work? Connect your own wallet, convert crypto to fiat, and move it to your account balance to spend. Pay with your account balance, Apple Pay, or Google Pay anywhere it's accepted. #### Who is Holyheld built for? Holyheld is built for crypto natives, DeFi traders and protocol teams who want to spend onchain value in the real world. Every user keeps full custody of their assets while gaining a compliant fiat spending rail. #### Is Holyheld custodial? No. Holyheld is fully non-custodial — it does not hold or control your crypto-assets or private keys, and your funds remain in your own wallet. #### What networks does Holyheld support? Holyheld supports 20+ networks with continuous expansion. EVM networks like Ethereum, Arbitrum, Base, Optimism, Polygon, and Hyperliquid; and other networks like Solana and Starknet. #### What crypto can I top up with? You can top up with major stablecoins like USDC and USDT, plus 1,200+ other tokens across 20+ networks. Every balance converts to fiat on your account automatically. ### Account #### What accounts does Holyheld offer? Holyheld offers virtual and physical accounts across three tiers: Classic, Limited Edition, and Metal. You can use your virtual account instantly while your physical account is on the way. #### Does Holyheld work with Apple Pay and Google Pay? Yes. Both virtual and physical accounts work with Apple Pay and Google Pay, so you can spend straight from your phone. #### What is a $holytag? A $holytag is a unique username that lets you send, receive, and request funds instantly without sharing personal or account details. It also opens up onchain composability, so your favorite crypto protocols can pay you directly. #### How does cashback work? Holyheld pays cashback in USDC on every purchase — 0.5% for Classic and Limited Edition holders, and 1% for Metal holders. #### Can I get a personal IBAN? Yes. Each user can get a personal IBAN for SEPA transfers, including salary and rent payments. ### Fees & Limits #### Does Holyheld charge monthly fees? No. There is no account opening fee and no monthly maintenance fee — you pay only a one-time account price of [EUR 29] Classic, [EUR 99] Limited Edition, or [EUR 199] Metal. #### What are the top-up fees? Converting crypto to fiat and topping up your account is free at 0%. Gasless approvals let you top up from an external wallet without paying any network gas. #### What are the payment and ATM fees? Payments in your account currency have a 0% FX fee, while international payments cost 2.5% + [EUR 1]. ATM withdrawals are [EUR 1] domestic and 2.5% + [EUR 2] international. ### Security & Compliance #### How does Holyheld handle KYC? Holyheld performs KYC and AML verification through third-party providers before activating your account. Because the platform is non-custodial, your crypto and private keys always remain under your control. #### Is my money safe? Your crypto stays in your own self-custodied wallet, Holyheld never has access to your assets or keys. Fiat account balances are held with regulated payment partners and protected by industry-standard fraud safeguards. # Rails for Global Card Programs In global payments, [Visa](https://visa.com){rel=""nofollow""} is the largest card network by transaction volume, clearing hundreds of billions of transactions annually across 200+ countries and 130M+ merchant locations. Visa has also been a first mover in bringing stablecoins into regulated card infrastructure — piloting USDC settlement with select partners since 2021, extending settlement to Solana, and launching the Visa Tokenized Asset Platform (VTAP) for bank-issued digital currencies. When integrated with BRRR, a decentralized settlement and reconciliation layer, stablecoin-based fintechs can reach every Visa-accepting merchant in real time: a user's onchain wallet funds a card swipe, BRRR converts the crypto to the merchant's settlement currency, and Visa routes the authorization as it would for any debit card. Holyheld's collaboration with Visa on card-network integration is the production reference for this pattern — a BRRR-powered crypto fintech operating at Visa scale. ## What makes Visa stand out 1. **Global merchant reach**: 130M+ merchant locations across 200+ countries and territories, giving any card program immediate access to virtually every retailer, online checkout, and subscription service in the world. 2. **Unified authorization infrastructure**: Real-time transaction authorization, FX, and settlement across currencies and geographies — issuers plug in once and inherit a payment experience consumers already trust. 3. **Stablecoin settlement primitives**: Visa has been settling in USDC with partners on Ethereum and Solana since 2021, and VTAP extends that architecture to bank-issued stablecoins. The rails are actively evolving to support onchain value as a native settlement asset. 4. **Fraud, dispute, and chargeback framework**: Mature, battle-tested consumer protections that fintechs inherit by issuing on the network — critical for regulated card programs serving mass-market users. 5. **Regulatory and compliance depth**: An established issuer and acquirer framework that integrates with KYC, AML, and sanctions screening in every market where Visa operates, giving new programs a compliance posture from day one rather than built from scratch. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and crosschain swaps in a single transaction. When combined with Visa, BRRR connects onchain liquidity to the world's most widely accepted card network, turning stablecoin balances into spendable fiat at the point of sale. A user taps a card; Visa routes the authorization; BRRR pulls funds from the user's wallet on whichever chain they hold them, swaps and converts to the merchant's settlement currency, and settles through the card program — all in the same authorization window. Holyheld's Visa card program is the live production implementation of this flow across 30+ European countries. ## How Visa enriches BRRR 1. **Merchant acceptance at fiat scale**: Visa gives BRRR-powered fintechs instant access to 130M+ merchants without any direct merchant integration. Every Visa-accepting merchant is a live endpoint for stablecoin commerce — no bespoke pipelines, no per-merchant onboarding. 2. **Authorization economics that already work**: Visa handles the card-swipe side of every transaction — authorization, interchange, chargebacks, fraud screening — while BRRR handles the funding side. The two layers compose cleanly: BRRR doesn't have to reinvent card-network economics, and Visa doesn't have to understand onchain liquidity. 3. **Stablecoin-ready infrastructure**: Visa's USDC settlement pilots and VTAP platform mean BRRR's stablecoin flows are an aligned integration rather than a workaround. As card-network settlement itself moves onchain, BRRR is positioned as a native routing layer, not a bolt-on. ## Real-world applications - relevant to Visa **Self-custody card spending at global scale**. A Holyheld user in Berlin taps their Visa card at a café in Lisbon. The POS authorisation triggers a BRRR intent that pulls USDC from the user's self-custody wallet on Arbitrum, converts to euro, and settles through Visa in under two seconds. The merchant sees a standard Visa transaction; the user never left self-custody. **Corporate cards funded from onchain treasuries**. A DAO or Web3 company issues Visa-branded expense cards to contributors, funded directly from a stablecoin treasury. BRRR pulls from the treasury at each swipe, converts to the merchant's local currency, and reconciles the spend back into the company's onchain accounting system — no virtual bank account, no treasury-to-card top-up delay. **Cross-border spending with onchain FX**. A user holding EURC in their wallet travels to Mexico and pays in pesos at a local restaurant. Visa routes the authorisation; BRRR handles the EURC-to-MXN conversion through onchain liquidity; the merchant receives MXN through normal Visa settlement. The user sees a transparent onchain FX rate instead of a 3–5% card-network FX markup. **Refunds that return to the origin wallet**. A merchant issues a refund on a Visa transaction. BRRR reconstructs the original route and pushes the stablecoin back to the user's chain and token of choice — rather than holding refunded funds as fiat in a custodial balance, as most crypto card programs do today. ## Who can benefit from BRRR 1. **Card issuers and program managers** can launch stablecoin-funded Visa programs in weeks rather than quarters. BRRR provides the crypto-to-fiat rails, compliance controls, and cross-chain routing; the issuer focuses on the card product and end-user experience. 2. **Fintechs and neobanks** looking to add crypto balances to existing Visa programs get an integration path that does not require rebuilding their card stack. BRRR slots in behind the issuer-processor as the funding layer, leaving the Visa-side architecture unchanged. 3. **BRRR stakers** gain exposure to payment volume at card-network scale. Every stablecoin-funded Visa transaction that touches a BRRR-powered program flows through the same settlement network, translating card-program growth directly into network activity. Visa's global reach combined with BRRR's onchain settlement engine makes stablecoin-funded card spending a first-class consumer product rather than a crypto-native experiment. Holyheld's production deployment across 30+ European countries proves the pattern works at regulated fintech scale — and the architecture it relies on extends cleanly to any issuer, neobank, or enterprise looking to connect onchain balances to the world's largest merchant network. # Gasless Rails for Consumer‑Grade Payments [Skale](https://skale.space/){rel=""nofollow""} is a modular, Ethereum-native multichain network that eliminates gas fees for users while maximizing transaction speed and security. BRRR integration with Skale Network provides a programmable stablecoin settlement layer to a fast, composable, and cost-efficient blockchain. Together, Skale and BRRR enable developers, institutions, and fintechs to unlock seamless, compliant payment flows without the bottlenecks of legacy financial systems or traditional blockchain transaction costs. ## What makes Skale stand out 1. **Application-specific chains**: Skale's design is centered around application-specific chains that run in parallel, each with its own resources and validator groups, eliminating congestion and enabling truly horizontal scalability. 2. **High-performance EVM**: With hundreds of TPS per chain, near-instant finality, and full EVM compatibility, Skale allows developers to deploy highly performant smart contracts with no infrastructure burden. 3. **Integrated cross-chain tooling**: Built-in cross-chain messaging, onchain storage, and the liquidity hub ensure that assets and data can flow seamlessly across the Skale ecosystem. 4. **MEV-resistant consensus**: Skale's FAIR protocol update adds MEV resistance and further strengthens consensus fairness, making it especially suitable for mission-critical financial applications. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and crosschain swaps in a single transaction. Skale's zero-fee and instant-finality framework offers the optimal execution environment for BRRR's operations. With Skale-based assets now fully integrated, BRRR allows its users and partners to initiate, process, and finalize financial activity on Skale without any delays, friction, or overhead, bringing instant value exchange into real-world usage. ## How Skale enriches BRRR 1. **No user gas costs**: By removing gas entirely from the user experience, BRRR-powered apps on Skale can deliver frictionless spending, top-ups, and disbursements. 2. **Fast, final settlement**: Sub-second block times and rapid finality allow BRRR to process transactions with the speed and confidence required by financial networks and card programs. 3. **Chain-level customization**: Skale's modular architecture allows BRRR to launch dedicated chains tailored to payment logic, throughput, or compliance requirements. 4. **Integrated liquidity and cross-chain tools**: The Europa Hub allows BRRR to access uniform token standards and liquidity across Skale chains, simplifying asset flow and conversion. 5. **Secure, compliant operations**: MEV-resistant consensus and validator rotation mechanisms create a trust-minimized infrastructure suitable for high-integrity financial applications. ## Real-world applications - relevant to Skale **Crypto debit card payments**. Consumers can use Skale-based stablecoins at any merchant accepting Holyheld's Visa cards. Funds are converted and settled in fiat instantly via BRRR. **Payroll and remittances**. Companies can distribute salaries and global vendor payments over Skale with stablecoins, while BRRR handles real-time conversion into fiat accounts. **In-app financial services**. Fintech platforms and wallets on Skale can embed BRRR to enable on-demand fiat withdrawals, dynamic card top-ups, or direct spending from onchain balances. **DeFi on and offramps**. Protocols on Skale can integrate BRRR to automatically convert earned yield or collateral into fiat at settlement, eliminating the need for users to bridge to enter or exit manually. ## Who can benefit from BRRR 1. Fintechs and startups leverage Skale's zero-gas chains to launch cost-efficient payment apps that consumers experience as fast, frictionless, and free of fees — with BRRR handling settlement, compliance, and fiat integration behind the scenes. 2. DeFi protocols on Skale gain access to seamless exits and fiat utility by embedding BRRR's programmable offramps, converting earned yield or collateral into fiat at settlement without forcing users to bridge manually. 3. Institutions using blockchain for treasury, disbursement, or digital asset custody benefit from BRRR's ability to convert crypto to fiat in real-time, with no gas volatility and predictable settlement economics. Skale's unique zero gas architecture, modular chains, and instant finality make it one of the most capable blockchains for powering scalable, real-world financial applications. BRRR brings the programmable financial layer, fiat bridges, and regulatory alignment needed to translate blockchain activity into everyday value. Together, they form a comprehensive stack for next-generation payments: cost-effective, compliant, and fast enough to serve modern commerce at scale. # Real‑Time Crypto Payments at Card‑Network Speed [Solana](https://solana.com/){rel=""nofollow""} is a high-performance Layer 1 blockchain, known for its speed, low costs, and scalability. With an innovative Proof of Stake combined with a Proof of History consensus, Solana can process thousands of transactions per second with minimal fees. This makes Solana ideal for real-time payments and micropayments, where high throughput and low latency are crucial. BRRR has fully integrated with Solana to bring instant, fiat-connected stablecoin payments to one of the world's fastest blockchain networks. With sub-second block finality, negligible transaction costs, and growing adoption in traditional and DeFi finance, Solana is an ideal home for BRRR's programmable clearing layer. This integration enables seamless onchain-to-fiat and vice versa flows for users, merchants, institutions, and developers. ## What makes Solana stand out 1. **Sub-second block times**: Solana finalises blocks in \~400ms, enabling BRRR to settle payments at speeds indistinguishable from traditional card networks. 2. **High throughput**: Throughput exceeding 65,000 transactions per second means BRRR-powered payment flows can scale to card-network volumes without congestion. 3. **Sub-cent fees**: Average fees below $0.01 make stablecoin conversions and settlements economically viable from micropayments to global disbursements. 4. **Proven by global payment players**: Visa settles stablecoin transactions on Solana, and payment integrations like Shopify Pay and Worldpay have joined the ecosystem, validating the network for real-world financial applications. 5. **Native stablecoin and developer stack**: Native USDC, robust wallet infrastructure, and a mature SDK environment give BRRR the liquidity depth and composability needed for real-time financial applications at scale. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and cross-chain swaps in a single transaction. BRRR enables live onramps, offramps, multi-asset support, wallet integration, and an SDK for developers to embed crypto-fiat flows into Solana's apps. ## How Solana enriches BRRR 1. **Speed & scalability**: Solana elevates BRRR's performance by introducing a unique blend of technical advantages and ecosystem accessibility. Its sub-second block times and massive throughput ensure BRRR-powered transactions execute nearly instantly, making them indistinguishable from conventional fiat payments. This performance is crucial for latency-sensitive use cases, including card payments, payroll, and dynamic commerce. 2. **Cost-effectiveness**: BRRR's stablecoin conversions and settlement operations become near-free, enabling use cases from micro-transactions to global disbursements. Solana chain's expansive liquidity and stablecoin presence create seamless pathways for multi-asset routing, empowering BRRR to optimize conversions and settlements across multiple assets. 3. **Ecosystem reach & Developer support**: Solana's growing network of wallets, stablecoins, and fintechs creates an ideal environment for BRRR's interoperable, fiat-connected primitives. Solana's EVM interoperability and robust Web3 infrastructure permit BRRR's SDK to plug into dApps, wallets, and fintech platforms with minimal friction. ## Real-world applications - relevant to Solana **Consumer spending**. Through Holyheld's card and wallet, users can spend Solana-based assets such as USDC and SOL at millions of merchants. Thanks to Solana's low latency and BRRR's clearing engine, the crypto-to-fiat conversion happens instantly at the point of sale, allowing users to retain self-custody until payment execution. **Cross-border payroll and business payouts**. Employers and platforms can pay contractors, employees, or vendors in stablecoins on the Solana. Using BRRR's offramps, these funds can settle as fiat in local bank accounts within seconds, streamlining operational cash flows for remote teams and gig platforms. **Fintech integrations and developer tooling**. Solana-based wallets and DeFi platforms can integrate BRRR's SDK to offer embedded fiat ramps, instant card top-ups, and payout APIs. These features enable any app to integrate global payment capabilities – from onchain-to-fiat withdrawal to dynamic card loading natively within their product experience. ## Who can benefit from BRRR 1. Fintechs use Solana and BRRR to power real-time, low-cost stablecoin disbursements, user payouts, and card-linked wallets. 2. Solana protocols extend DeFi utility into traditional finance by incorporating BRRR for fiat payments, merchant acceptance, and compliant on- and offramps. 3. Institutions settle global obligations on Solana with instant, onchain-to-fiat settlement using BRRR's reconciliation and ramp infrastructure. Solana's high-speed blockchain and BRRR's programmable payment layer are transforming practical applications of digital assets. This integration demonstrates that stablecoins can move and settle cash instantly, globally, and transparently. Whether you're building a fintech app, running a DeFi protocol, or managing cross-border payments, Solana x BRRR is infrastructure ready for scale. # Zero‑Knowledge Settlement for Programmable Payments [Starknet](https://www.starknet.io/){rel=""nofollow""} is a blockchain platform built on StarkWare's technology, designed to provide scalable and secure transactions using zero-knowledge proofs. As a permissionless decentralized network, it enables developers to build and deploy complex applications while maintaining high performance and low costs. ## What makes Starknet stand out 1. **STARK Proofs**: Leverages advanced zero-knowledge proofs for secure and scalable transaction processing, inheriting Ethereum's security. 2. **High Scalability**: Designed to handle high transaction volumes while maintaining low fees and fast processing times. 3. **Developer-Friendly**: Offers comprehensive developer tools and Cairo programming language, making it easy to build complex applications. 4. **Ethereum Security**: Inherits security from Ethereum while providing significantly higher throughput and lower costs. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and crosschain swaps in a single transaction. With Starknet integration, assets on Starknet can now be spent globally via BRRR at checkout, for payroll, or through direct transfers. BRRR protocol abstracts away blockchain complexity, enabling users to spend from Starknet while merchants or banks receive fiat instantly, unlocking compliant and seamless flows between onchain funds and real-world payments. ## How Starknet enriches BRRR 1. **ZK-rollup throughput**: Starknet introduces a new dimension of performance and flexibility to BRRR's global payments infrastructure. Its ZK-rollup architecture enables transaction batching and compression, allowing BRRR to facilitate high-volume payments without network congestion or cost inflation. 2. **Cairo smart contracts**: With Cairo smart contracts, BRRR can build tailored logic for conditional payouts, recurring payments, and escrow-based releases. These features help automate treasury operations and make settlement programmable at scale. 3. **Native account abstraction**: Starknet's native account abstraction improves user onboarding and transaction design. BRRR users benefit from advanced features, including fee subsidization and custom authorization flows, making it easier for fintechs and non-technical users to interact with crypto-fiat bridges. 4. **Ethereum-grade security**: As every transaction settles with Ethereum-grade security, BRRR on Starknet offers high-speed execution without compromising compliance or trust. ## Real-world applications - relevant to Starknet **Consumer spending**. Users can pay with Starknet-based stablecoins at the checkout or online. BRRR handles instant onchain settlement, making the experience indistinguishable from traditional card payments. **Cross-border transfers**. Starknet enables businesses to fund large-scale stablecoin transfers globally. BRRR reconciles funds into local fiat accounts in real time, eliminating costly wire fees and delays. **Programmable finance**. Smart contracts on Starknet can trigger real-world outcomes via BRRR, such as automatically distributing revenue shares or paying invoices when blockchain events occur. **Fintech integration**. Apps and wallets can build intuitive fiat touchpoints directly into their UI by integrating BRRR on Starknet. Use cases include dynamic card funding, gasless transaction support, and seamless exits to IBAN or other traditional payment rails. ## Who can benefit from BRRR 1. Fintechs use Starknet and BRRR to access fast, reliable crypto rails for spending, disbursements, and stablecoin settlements. 2. Protocols on Starknet benefit from BRRR as an offchain bridge to traditional payments, enhancing the utility of DeFi-native assets. 3. Institutions leverage BRRR and Starknet to settle real-world obligations in a compliant, cost-efficient, and programmable way, unlocking instant, onchain-to-fiat flows. The Starknet × BRRR integration proves how real-world payments can operate on advanced blockchain infrastructure. Starknet provides the scale and security; BRRR provides the fiat bridge. Together, they enable stablecoins to move and settle instantly, compliantly, and globally, paving the way for seamless financial experiences across DeFi, fintech, and traditional payments. # Zero‑Fee Rails for Stablecoin Commerce [Plasma](https://www.plasma.to){rel=""nofollow""} is a next-generation blockchain purpose-built for stablecoin transactions, fast, cost-efficient, and ready for real-world use. By integrating BRRR with Plasma, it results in programmable, cross-chain, fiat-connected payment workflows on a high-speed stablecoin network. The result: businesses and consumers can enjoy seamless real-time settlement in stablecoins across borders and at the point of sale. ## What makes Plasma stand out 1. **Stablecoin-native Layer-1 design**: Plasma is purpose-built for stablecoin transactions from the ground up, powering near-instant, fee-free payments with institutional-grade security. 2. **Zero-fee stablecoin transfers**: USDT and other major stablecoins move across Plasma with no user-facing gas cost, making micropayments and high-volume transfers equally viable at any scale. 3. **Bitcoin-anchored security**: Plasma anchors state commitments to Bitcoin, combining high-throughput execution with one of the most battle-tested security models in crypto. 4. **EVM compatibility**: Full support for Solidity and standard developer tooling means existing stablecoin apps and integrations port to Plasma without rewrites. 5. **Institutional alignment**: Backed by major stablecoin issuers and payment infrastructure players, with a mission to make stablecoins as usable as cash and unlock trillions in onchain payment volume. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and crosschain swaps in a single transaction. By integrating with Plasma, BRRR extends its programmable, cross-chain payment workflows onto a chain tailor-made for stablecoins. This integration means any stablecoin transaction on Plasma can plug into BRRR's fiat-connected infrastructure, for example, automatically settling in fiat for a card payment or syncing with traditional payments and banking systems. BRRR x Plasma bridges the gap between stablecoins onchain and real-world fiat usage, enabling users and businesses on Plasma to transact globally with merchants in an instant, seamless manner. ## How Plasma enriches BRRR 1. **Ultra-low transaction costs**: Plasma's design slashes transaction costs — even enabling zero-fee stablecoin transfers. Whether it's a micropayment or a large B2B transfer, fees on BRRR rails become negligible, making stablecoin transactions economically viable at any scale. 2. **Speed and finality**: Plasma's consensus finalises transactions near-instantly with no risk of reversal. For BRRR, which emphasises real-time clearing, this means a payment can be confirmed on Plasma in seconds and treated as settled — much like a cash transaction, but with the transparency of blockchain. 3. **Deep stablecoin liquidity as default**: Because Plasma is the native home for stablecoin flows, BRRR routers find deep liquidity without the bridging or swap hops required on general-purpose chains, simplifying route construction and reducing settlement risk for merchants and fintechs. ## Real-world applications - relevant to Plasma **​Consumer spending**. Users can pay for everyday purchases directly in stablecoins using BRRR-powered wallets or cards. Plasma processes these transactions instantly, with merchants receiving funds in fiat or stablecoins without volatility risk. **Merchant settlement**. Merchants and platforms can accept stablecoin payments with near-instant finality. BRRR automates conversion and reconciliation, while Plasma's zero-fee stablecoin transfers make cross-border e-commerce and high-volume retail cost-efficient. **Cross-border B2B & remittances**. Businesses and individuals can send stablecoin payments globally in seconds. BRRR uses Plasma's settlement layer to streamline payroll, supplier payments, and remittances with minimal fees and 24/7 availability. **Fintech & institutional integrations**. Banks and fintechs can integrate BRRR on Plasma to offer programmable stablecoin services, from treasury operations to subscription billing, leveraging instant, transparent, and compliant onchain-to-fiat flows. ## Who can benefit from BRRR 1. Fintechs use Plasma and BRRR to access fast, purpose-built stablecoin rails for real-time payments, disbursements, and cross-border settlements with near-zero fees and instant finality. 2. Protocols on Plasma benefit from BRRR as a programmable bridge to traditional finance, enabling stablecoin-native apps to support fiat payouts, card transactions, and real-world spending without leaving the chain. 3. Institutions leverage BRRR and Plasma to settle global obligations in a compliant, cost-efficient, and transparent way unlocking seamless, onchain-to-fiat flows and programmable treasury operations at scale. Whether it's a remittance company moving funds across borders or a DeFi builder creating a stablecoin checkout service, those who have tapped into the Plasma × BRRR network are experiencing faster, simpler, and more reliable stablecoin transactions than ever. # One Stablecoin, Every Chain, Every Currency [Tether's](https://tether.io){rel=""nofollow""} USD₮ is the world's largest stablecoin by volume and market-cap with over $160 B minted, it represents more than 60% of all stablecoins available onchain and now has non-USD options with EUR₮, CNH₮, MXN₮, as well as XAU₮. All Tether tokens are minted on a long list of public blockchains, including Tron, Ethereum, Solana, Avalanche, Polygon, TON, Plasma and more, so users can choose the network that best fits their fees, speed and tooling needs. ## What makes Tether stablecoins stand out 1. **Deep global liquidity**: USDT alone clears hundreds of billions of dollars in daily transfer volume and is listed on virtually every crypto venue. 2. **Multi-chain optionality**: the same asset code (e.g. USDT) exists on more than a dozen chains, letting users move to the cheapest or fastest rail at any moment. 3. **Fiat & non-USD flavours**: launch of EUR₮ MiCA-ready, MXN₮ for Latin America and CNH₮ for offshore CNY give local pricing without FX slippage. 4. **Asset-backed diversification**: XAU₮ gives tokenised access to vaulted gold while remaining interoperable with the rest of the Tether suite. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and crosschain swaps in a single transaction. Because USDT and sibling tokens already live on many chains, they are the native liquidity that BRRR's routers search first when building a route. ## How Tether enriches BRRR 1. **Native multi-chain liquidity**: USDT and its siblings are the first assets BRRR's routers search when building a route. Because the same asset code lives on a dozen chains, BRRR can detect incoming USDT on Network 1, swap or bridge to a merchant-preferred Network 2 in a single intent, and finalise in seconds — merchants see USDT arrive natively with no custody hop. 2. **Non-USD and asset-backed variants**: EUR₮, MXN₮, CNH₮, and XAU₮ expand what BRRR can route through. A POS authorisation in EUR pulls EUR₮ directly rather than forcing an FX detour through dollars; a contributor paid in MXN₮ lands in a Mexican bank account without an intermediary conversion; a gold-denominated balance (XAU₮) becomes spendable at the point of sale. 3. **Gas-free onboarding with auditable settlement**: Relayers cover network gas and abstract ERC-20 approvals and bridge messages, so first-time USDT users click once and pay nothing. Every BRRR intent produces a hash that ties the USDT-TxID to the off-chain SEPA, ACH, or card transaction — tightening compliance loops for both Tether and integrators. ## Real-world applications - relevant to Tether **Point-of-sale settlement in emerging markets**. A Lagos café prices in naira but settles in USDT on Tron; BRRR converts net proceeds to Nigerian bank NGN at day-end, insulating the owner from FX shortages. **B2B and B2C remittances**. Designer invoices in MXN₮, client pays USDT on Polygon; BRRR auto-swaps and deposits MXN to the worker's Mexican bank via SPEI in under an hour. **Instant chargebacks**. If a buyer is refunded, BRRR reconstructs the original USDT route and pushes funds back to the buyer's wallet on their chosen chain, avoiding multi-day card reversals. **Gold-denominated savings**. Users hold XAU₮ on Plasma as an inflation hedge, and BRRR lets them swipe a debit card that liquidates milligram-sized pieces of gold in real time when paying in fiat. ## Who can benefit from BRRR 1. Users and merchants benefit from a single stablecoin rail: users keep self-custody of their balances yet pay like locals worldwide, while merchants and PSPs accept one integration instead of wiring up many blockchains or liquidity providers. 2. Fintechs and payment platforms gain a universal settlement layer across Tether's chains and currency variants, turning a dozen networks into a single API integration with compliance and audit trails built in. 3. BRRR stakers gain exposure to a rapidly expanding onchain FX market. The integration of Tether's ecosystem into BRRR's settlement layer allows holders of BRRR tokens to benefit from payment volume and fees generated by crosschain FX operations. Tether's multi-chain footprint and non-USD variants, combined with BRRR's crosschain programmable settlement, make stablecoin payments feel like local payments — wherever the user is and whichever chain their balance sits on. Whether it's a Lagos café, a Mexican freelancer, or a treasury desk rebalancing between USD and gold exposure, BRRR × Tether turns a dozen networks and half a dozen currency pegs into one seamless payment rail. # Sub‑Second Settlement at Layer‑2 Economics [Arbitrum](https://arbitrum.io/){rel=""nofollow""} is a high-performance Layer 2 network built on Ethereum, designed to scale smart contract execution with faster block times and low fees. It enables secure, low-latency applications by using optimistic rollup technology while remaining fully EVM-compatible. With finality often achieved in under 2 seconds and very low gas costs, Arbitrum is ideal for real-time DeFi workflows, especially where speed and cost efficiency are crucial. When integrated with BRRR, Arbitrum becomes the ultimate real-time onchain settlement chain. BRRR provides the programmable clearing and reconciliation layer, while Arbitrum handles instant settlement of stablecoins and intent-based transactions. ## What makes Arbitrum stand out 1. **Fast block confirmations**: Finality is sub 2 seconds via a centralized sequencer, ideal for consumer-facing apps that require responsiveness. 2. **Low fees**: Transactions cost a fraction of a cent, enabling microtransactions, cross-border remittances, and stablecoin payments at scale. 3. **Ethereum security**: Transactions are eventually settled to Ethereum, combining fast L2 execution with L1-grade trust. 4. **Developer-ready tooling**: Fully EVM-compatible with broad support for Solidity, standard wallets, and dApps. 5. **Early stablecoin adoption**: Home to native USDC from Circle and PYUSD from PayPal, with deep liquidity for real-world payments. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and crosschain swaps in a single transaction. Arbitrum was one of the earliest networks integrated into BRRR due to its low latency, reliability, and rich stablecoin ecosystem. BRRR's design abstracts the complexity of multi-network settlements: it can initiate a payment on Arbitrum and reconcile it with offchain systems like banks and card processors, behind the scenes. ## How Arbitrum enriches BRRR 1. **Instant stablecoin settlement**: Arbitrum confirms transactions in sub 2 seconds. BRRR leverages this speed to instantly settle payments, making real-time crypto-to-fiat conversions usable for everyday payments. 2. **High-volume payment handling**: Fintech platforms can route thousands of transactions per minute through BRRR on Arbitrum without congestion or fee spikes, even during peak usage periods. 3. **Cross-chain orchestration**: With Arbitrum's low-fee bridge ecosystem and BRRR's multi-chain logic, developers can settle user intents originating on Ethereum or other L2s, but finalize them on Arbitrum for optimal cost and speed. 4. **Trusted by stablecoin issuers**: With native USDC, PYUSD, and other major stablecoins deployed on Arbitrum, BRRR can tap deep liquidity for seamless fiat to crypto conversion and off-ramp flows. ## Real-world applications - relevant to Arbitrum **Real-time spending from crypto wallets**. A fintech user funds their Holyheld card via Arbitrum. BRRR handles the onchain stablecoin transaction, converts it via a router, and settles fiat to the merchant instantly with transparent gas costs. **Treasury disbursements and payroll**. Institutions hold USDC or PYUSD on Arbitrum. BRRR automates recurring payouts like salaries or supplier payments, using intent-based instructions, executed and reconciled on Arbitrum's fast, final settlement layer. **Stablecoin settlement for fintechs through APIs**. A payment gateway integrates Arbitrum and BRRR to allow global customers to pay in stablecoins. The gateway receives fiat via BRRR's conversion layer, while funds are settled trustlessly on Arbitrum in seconds. ## Who can benefit from BRRR 1. Fintechs use Arbitrum and BRRR to access fast, reliable crypto rails for spending, disbursements, and stablecoin settlements. 2. Protocols on Arbitrum benefit from BRRR as an offchain bridge to traditional payments, enhancing the utility of DeFi-native assets. 3. Institutions leverage BRRR and Arbitrum to settle real-world obligations in a compliant, cost-efficient, and programmable way, unlocking instant, onchain-to-fiat flows. Arbitrum's low-latency infrastructure and BRRR's settlement protocol form a seamless stack for real-time global payments. Whether powering microtransactions, corporate payouts, or everyday spending, Arbitrum with BRRR is enabling decentralized finance to meet traditional financial speed and certainty. # Collateral‑Backed Credit for Real‑World Spending In the DeFi landscape, [Aave](https://aave.com/){rel=""nofollow""} has become the go-to protocol for decentralized lending and borrowing, enabling users to earn yield on deposits and borrow assets using overcollateralized positions. Aave powers a multichain, trustless liquidity layer. When integrated with BRRR, a decentralized settlement and reconciliation layer, Aave evolves beyond lending into a programmable, real-world payments system. The result is DeFi-native capital that can be lent, borrowed, and spent instantly via traditional rails, such as card networks and SEPA transfers. ## What makes Aave stand out 1. **Non-custodial lending and borrowing**: Users supply assets to earn interest or borrow against collateral through onchain smart contracts. 2. **Interest-bearing tokens**: Deposits generate aTokens that accrue interest in real-time and can be used across the DeFi ecosystem. 3. **Multichain access**: Aave operates across Ethereum, Polygon, Avalanche, and more—providing liquidity wherever needed. 4. **GHO**: Aave's over-collateralised, USD-pegged stablecoin that you can mint directly against your deposits, with all interest flowing back to the DAO. 5. **Risk controls**: Including isolated markets, stable/variable rates, and effective governance, minimize risk and support a diverse range of assets. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and crosschain swaps in a single transaction. When combined with Aave, BRRR unlocks "lend-and-spend" flows: borrow from Aave, convert via BRRR, and pay a merchant, all within one atomic operation. ## How Aave enriches BRRR 1. **Crypto-powered payments**: A user borrows GHO, USDC, or EURC on Aave using ETH collateral. BRRR executes the borrow and settles the payment via card or SEPA from stablecoins, seamlessly linking onchain capital to fiat spending. 2. **Programmable finance and payment flows**: BRRR enables multi-step transactions. For example, a developer builds a wallet where users lend assets on Aave and spend the earned yield via a debit card. BRRR orchestrates the whole flow, including swaps, bridges, and offchain settlement. 3. **Treasury automation**: DAOs and fintechs use Aave to deploy idle capital for yield. BRRR enables real-time reconciliation and payments from Aave deposits, transforming a DeFi strategy into operational cash flow. ## Real-world applications - relevant to Aave **Lend, Borrow, and Spend**. DeFi users deposit DAI into Aave, borrow GHO or USDC, and spend directly via BRRR-powered debit cards. No manual offramping, no exchanges - just lending and spending in one seamless flow. **Cross-chain settlement**. Fintechs can borrow Stablecoin X on Ethereum via Aave, but need to pay a supplier on Arbitrum in Stablecoin Y. BRRR handles the borrowing, bridging, swapping, and payment atomically across chains. **Self-repaying loans**. Users borrow stablecoins from Aave against yield-bearing collateral (e.g., stETH). BRRR routes yield to cover interest, allowing for real-world payments without depleting the principal, similar to a self-repaying credit card balance. ## Who can benefit from BRRR 1. Fintechs and institutions can offer new products, including crypto-backed credit lines, yield-bearing savings accounts, and real-time global payments or treasury rebalancing, powered by the synergy between the Aave protocol and BRRR's settlement engine. 2. DeFi developers can build next-generation applications that bundle swaps, lending, and payments into simple user experiences, all secured by BRRR's atomic settlement flows. 3. BRRR stakers gain exposure to a rapidly expanding onchain yield. The integration of Aave into BRRR's settlement layer allows holders of BRRR tokens to benefit from settling or reconciling positions in fiat with full compliance and transparency. Aave's decentralized liquidity markets, combined with BRRR's crosschain programmable settlement, enable a new era of "lend-and-spend" finance. Whether for individuals, DAOs, or fintechs, this synergy brings DeFi closer to real-world usability, secure, seamless, and globally scalable. # Low‑Slippage Stablecoin FX for Global Payments In the world of DeFi, [Curve Finance](https://curve.finance/){rel=""nofollow""} has become synonymous with efficient onchain stablecoin trading. As a specialized automated market maker, Curve focuses on assets that typically trade at similar values, such as stablecoins, and employs a formula that minimizes slippage while keeping fees low. Liquidity providers earn yield from swap fees, and the platform's governance token, CRV, rewards participants for supporting the protocol. ## What makes Curve stand out 1. **Ultra-low slippage**: Curve's modified AMM design ensures that stablecoins can be swapped with minimal price impact. This quality is critical when executing large trades or performing real-time foreign exchange between pegged assets. 2. **Capital efficiency**: By concentrating on like-valued assets, Curve can maintain deep liquidity with relatively small pools. This makes swaps cheaper, increases capital efficiency, and reduces price volatility. 3. **Community governance**: CRV token holders vote on fee parameters, pool additions, and reward distributions. Aligning with community interests helps sustain a resilient ecosystem. 4. **crvUSD**: Curve's native overcollateralised stablecoin, issued against collateral positions with a soft-liquidation mechanism that protects borrowers from sudden drawdowns. 5. **Gauge-vote tokenomics**: veCRV holders direct CRV emissions across pools, aligning long-term liquidity incentives with the assets the ecosystem most needs to support. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and crosschain swaps in a single transaction. When combined with Curve, BRRR transforms stablecoin trading into a global onchain FX marketplace. ## How Curve enriches BRRR 1. **Onchain FX**: A user wanting to convert crvUSD on Ethereum to EURC on another network can initiate a BRRR clearing request. BRRR broadcasts an RFQ to find the best swap, executes it on Curve, then bridges the resulting stablecoin to the destination chain—the result: a seamless FX trade without leaving the onchain DeFi ecosystem. 2. **Intent-based settlement**: BRRR's programmable intents enable multiple steps (swap, bridge, and lend) within a single atomic transaction. A fintech could wrap a Curve swap into a lending operation on [LLAMALEND](https://www.curve.finance/lend/ethereum/markets/){rel=""nofollow""} using BRRR and payout through Visa's card network, all in the same settlement flow. 3. **Treasury-grade liquidity**: Curve's deep, concentrated stablecoin pools let BRRR source institutional-size FX routes with minimal price impact, enabling large-ticket cross-border settlement and treasury rebalancing without the slippage characteristic of general-purpose AMMs. ## Real-world applications - relevant to Curve **Borderless payments and stablecoin FX**. Businesses have enough to worry about without adding payments to the list. Hold crvUSD on Mainnet, but need to pay a supplier in EURC on Arbitrum? No Problem! Instead of struggling to complete complicated swap transactions, businesses can use the tokens they hold on hand, effectively BRRR. BRRR will convert crvUSD on Ethereum to EURC on Arbitrum via Curve's efficient pools, bridge the funds, and settle the payment with minimal fees- no banks or currency desks required. **Effortless treasury management**. BRRR monitors the markets so you don't have to. Multichain DAOs and fintech treasuries utilize BRRR to rebalance between different stablecoins automatically. Set your strategy and let BRRR trigger the Curve swap, route the funds to a yield vault, and record the entire transaction across chains for transparent auditing. **Institutional Level Liquidity**. BRRR enables financial institutions to supply stablecoin liquidity on Curve. These provisions earn yield from trading fees and CRV governance rewards, while BRRR ensures settlements are executed securely across networks. ## Who can benefit from BRRR 1. Fintechs and institutions can offer new products — such as cross-border payroll, remittances, or treasury rebalancing — powered by the synergy between Curve's liquidity pools and BRRR's settlement engine. 2. DeFi developers can build next-generation applications that bundle swaps, lending, and payments into simple user experiences, all secured by BRRR's atomic settlement flows. 3. BRRR stakers gain exposure to a rapidly expanding onchain FX market. The integration of Curve into BRRR's settlement layer allows holders of BRRR tokens to benefit from trading volume and fees generated by crosschain FX operations. Curve's low-slippage stablecoin pools combined with BRRR's crosschain settlement layer create a robust onchain FX market. From institutions managing treasuries, liquidity provision, or yield generation to businesses managing global stablecoin payments, BRRR × Curve eliminates hassle and delivers the infrastructure to build, innovate, and grow. # Lend and Spend Markets for Real‑World DeFi In the DeFi landscape, [Morpho](https://morpho.org/){rel=""nofollow""} has become the go-to protocol for decentralized lending and borrowing, enabling users to earn yield on deposits and borrow assets using overcollateralized positions. Morpho powers a multichain, trustless liquidity layer. When integrated with BRRR, a decentralized settlement and reconciliation layer, Morpho evolves beyond lending into a programmable, real-world payments system. The result is DeFi-native capital that can be lent, borrowed, and spent instantly via traditional rails, such as card networks and SEPA transfers. ## What makes Morpho stand out 1. **Non-custodial lending and borrowing**: Users supply assets to earn interest or borrow against collateral through onchain smart contracts. 2. **Interest-bearing tokens**: Deposits generate aTokens that accrue interest in real-time and can be used across the DeFi ecosystem. 3. **Multichain access**: Morpho operates across Ethereum, Polygon, Avalanche, and more—providing liquidity wherever needed. 4. **Isolated-market architecture**: Morpho Blue's minimal, permissionless primitives let curators build risk-segmented vaults on top of the base protocol. 5. **Risk controls**: Including isolated markets, stable/variable rates, and effective governance, minimize risk and support a diverse range of assets. ## The BRRR connection BRRR is a decentralized settlement layer designed to connect blockchain and traditional payment networks. It enables programmable clearing, reconciliation, and crosschain swaps in a single transaction. When combined with Morpho, BRRR unlocks "lend-and-spend" flows: borrow from Morpho, convert via BRRR, and pay a merchant, all within one atomic operation. ## How Morpho enriches BRRR 1. **Crypto-powered payments**: A user borrows GHO, USDC, or EURC on Morpho using ETH collateral. BRRR executes the borrow and settles the payment via card or SEPA from stablecoins, seamlessly linking onchain capital to fiat spending. 2. **Programmable finance and payment flows**: BRRR enables multi-step transactions. For example, a developer builds a wallet where users lend assets on Morpho and spend the earned yield via a debit card. BRRR orchestrates the whole flow, including swaps, bridges, and offchain settlement. 3. **Treasury automation**: DAOs and fintechs use Morpho to deploy idle capital for yield. BRRR enables real-time reconciliation and payments from Morpho deposits, transforming a DeFi strategy into operational cash flow. ## Real-world applications - relevant to Morpho **Lend, Borrow, and Spend**. DeFi users deposit DAI into Morpho, borrow GHO or USDC, and spend directly via BRRR-powered debit cards. No manual offramping, no exchanges - just lending and spending in one seamless flow. **Cross-chain settlement**. Fintechs can borrow Stablecoin X on Ethereum via Morpho, but need to pay a supplier on Arbitrum in Stablecoin Y. BRRR handles the borrowing, bridging, swapping, and payment atomically across chains. **Self-repaying loans**. Users borrow stablecoins from Morpho against yield-bearing collateral (e.g., stETH). BRRR routes yield to cover interest, allowing for real-world payments without depleting the principal, similar to a self-repaying credit card balance. ## Who can benefit from BRRR 1. Fintechs and institutions can offer new products, including crypto-backed credit lines, yield-bearing savings accounts, and real-time global payments or treasury rebalancing, powered by the synergy between the Morpho protocol and BRRR's settlement engine. 2. DeFi developers can build next-generation applications that bundle swaps, lending, and payments into simple user experiences, all secured by BRRR's atomic settlement flows. 3. BRRR stakers gain exposure to a rapidly expanding onchain yield. The integration of Morpho into BRRR's settlement layer allows holders of BRRR tokens to benefit from settling or reconciling positions in fiat with full compliance and transparency. Morpho's decentralized liquidity markets, combined with BRRR's crosschain programmable settlement, enable a new era of "lend-and-spend" finance. Whether for individuals, DAOs, or fintechs, this synergy brings DeFi closer to real-world usability, secure, seamless, and globally scalable. # Holyheld Terms and Conditions Holyheld is operated by Holyheld Labs AG, registered in Switzerland CHE-207.939.735 with it’s office at 20 Bahnhofstrasse, Zug, CH-6300, Switzerland. Holyheld Labs AG is a member of a Self-Regulatory Organisation (SRO) and is thereby authorised to carry out financial-intermediary activity in Switzerland. Holyheld Labs AG is supervised for anti-money-laundering and counter-terrorist-financing purposes by its SRO, in accordance with the Swiss Anti-Money Laundering Act (AMLA) and its implementing ordinances, and maintains an AML/CFT framework consistent with FATF standards. Your Holyheld debit card is e-money services provided by Unlimit, company number HE 328641, registered at 125 Griva Digeni, Limassol 3101, Cyprus. Unlimit is licensed and regulated by the Central Bank of Cyprus as an Electronic Money Institution with license number 115.1.3.7. WHEREAS, these Terms and Conditions (also referred to as **“Agreement”**) govern the access and use by users who are residents of, or located in the Switzerland, of the Holyheld websites, mobile applications, products, software, and other services, including the Holyheld crypto-asset exchange platform (our **“Platform”**) operated by Holyheld Labs AG, and other services we provide to you. Before using Holyheld, we kindly ask you to read carefully and understand the following. These Terms and Conditions will govern the use of the Services provided by Holyheld. By using the Services you agree to be bound by the Terms and Conditions. If you do not agree to any of the Terms and Conditions, or any subsequent modification to Terms and Conditions, you will not be permitted to use the Services and your Account with us will be closed. These Terms and Conditions will come into effect when you confirm electronically that you agree to it. We recommend that you retain a copy of these Terms and Conditions and your transaction records. By signing up to create an Account with Holyheld and use our Services, you agree that you have read and understood, and that you accept, all of the Terms and Conditions contained here, as well as our Privacy Policy, our partner terms and conditions as outlined in the Terms and Conditions and any other documents which are referenced to in these Terms and Conditions. ## 1. Definitions **“Crypto-asset”** refers to any digital representation of a value or a right which may be transferred and stored electronically, using distributed ledger technology or similar technology. **“Holyheld Account”** means the account you open with us through the Platform which is to be operated and used by you in accordance with these Terms and Conditions for the purpose of utilising our Services. **“Smart Contract”** means a computer program or protocol deployed on a distributed ledger or blockchain that automatically executes, controls, or documents legally relevant actions and transactions in accordance with predefined rules, without requiring manual intervention, once specified conditions are met. **“$holytag”** means a unique, user-selected identifier assigned within the Company’s platform that enables the identification of a user and the initiation or receipt of payments or transfers, without the need to disclose personal or financial account details. **“Card”** refers to a payment instrument (debit card) issued by the licensed payment-instrument issuer partnered with us, which enables the sale of Crypto-assets using the Company's services and the use of the resulting Funds balance through the debit-card infrastructure for payments in Funds. **“Funds (or Fiat currency)”** electronic money as defined in point (2) of Article 2 of Directive 2009/110/EC, i.e., traditional currency, such as EUR, US dollars or other. **“KYC”** means “know your customer”, which refers to the process of verifying the identity of our clients. **“AML”** means “anti-money laundering”, which refers to the laws and regulations aimed at preventing money laundering and terrorist financing. **“Services”** means Crypto-assets related services that we provide via our Platform and which enable you to exchange your Crypto-asset for Funds or vice versa or to exchange Crypto-asset for other Crypto-asset, which all are performed out of our proprietary assets. ## 2. Holyheld Account **2.1.** Your Holyheld Account enables you to manage, make payments, exchange, transfer or withdraw your balances of Crypto-assets or Fiat currencies by giving instructions through the Holyheld Platform in accordance with these Terms and Conditions. **2.2.** You are also able to open up an electronic money account and order the card issued by our partner Unlimit. Your electronic money account is subject to separate [terms and conditions by Unlimit](https://www.unlimint.com/legal-documents/){rel=""nofollow""}. Access to electronic money services is only provided where Holyheld and Unlimit decide to provide and where you hold a Holyheld Account. Holyheld does not render any e-money or payment services in its own name or on Unlimit’s behalf. ## 3. Holyheld Services **3.1.** Holyheld allows you to receive assets whether in Crypto-assets or in Fiat currencies; exchange crypto-assets for Fiat currency as supported by Holyheld; make deposits, withdrawals, transfers or payments to third parties using Holyheld Account or external electronic money account or card services utilized by applicable e-money service provider. When using the Services, you are buying Crypto-assets from, selling Crypto-assets to, or swapping Crypto-assets with Holyheld directly. Holyheld does not act as an intermediary or marketplace between buyers and sellers of Crypto-asset. **3.2.** Holyheld does not provide any custodial services, nor creates Crypto-asset wallets in order to hold any Crypto-assets on your behalf. To execute a transaction you agree to connect your pre-existing Crypto-asset wallet holding your Crypto-assets to the Holyheld Platform. You agree to interact with Holyheld Smart Contract, which will recognize the Crypto-assets and will perform a KYC and AML verification via third-party providers, before initiating the Services on your behalf. **3.3.** You will be able to create your own wallet address via Holyheld directly in the blockchain if so desired and in order to interact with decentralised applications and receive Crypto-assets. This wallet is not your Holyheld Account. Please note that you are the sole owner and responsible for any assets any activities carried out using the wallet, as well as for securing and backing up the credentials that may grant you access to it as described below. **3.4.** We will give you access to an external personal handle that can be used to identify you as a Holyheld user in our Platform. As a user you can receive Crypto-asset transfers from other users, and after you confirm the incoming requested transaction and we execute our mandatory AML verifications, receive said transfer directly. **3.5.** Using the Fiat currency account and Card service provided by [Unlimit](https://www.unlimint.com/legal-documents/){rel=""nofollow""}, you can also exchange your Crypto-assets and initiate a bank transfer to send Funds from your personal IBAN directly to other bank accounts. You are also given the opportunity to connect your wallet to third-party smart contracts to interact with your Crypto-assets, by simply using the Holyheld Platform. ## 4. Registration **4.1.** By using our Platform, you confirm that you are at least 18 years old and legally able to enter into legally binding agreements, including these Terms and Conditions. **4.2.** In order to use the Platform you must register for a Holyheld Account with us. You must provide truthful, accurate and complete information during registration or at any time after. You are responsible for maintaining the confidentiality of your Account credentials, and you agree to notify us immediately of any unauthorized use of your Account. **4.3.** You must comply with AML obligations in order to open a Holyheld Account.. This will require you, as part of the registration process, to provide personal details and supporting documents (including your full name, residential address and postcode, mobile number, email address, date of birth, and certain forms of identification), and other evidence and documentation we may ask you to provide, so that we may verify your identity. We will process this information in accordance with our [Privacy Policy](https://holyheld.com/legal/privacy-policy). **4.4.** We reserve the right to require you to provide us with additional information in order to verify your identity and/or require you to undergo a background check prior to being authorised to use Holyheld’s Services, or at any point thereafter, in accordance with applicable laws and regulations. **4.5.** You acknowledge and agree that we may make any inquiries that we consider necessary, either directly or through third parties, concerning your identity including, without limitation, requiring you to take steps to confirm ownership of your email address, verifying information against third party databases or through other sources. **4.6.** These inquiries and verification may involve the sharing of certain aspects of your information with third parties for the limited purpose of completing these inquiries and verification. Failure to provide any information that Holyheld reasonably requests from you may be grounds for suspending the provision of Services to you (including access to your Account) and/or terminating this Agreement. The nature and extent of the information you are required to provide may differ, for example, based on the Services provided to you under this Agreement and/or the means of payment you use. Once the registration process is completed, you will be able to utilize our Services. **4.7.** By opening an Account you represent and warrant to us that your opening of an Account does not violate any laws or regulations applicable to you. By using our Services, you agree and represent that you will use the Services only for yourself, and not on behalf of any third party. **4.8.** You are fully responsible for all activity that occurs under your Account. We may, in our sole discretion, refuse to open an Account for you, limit the number of Accounts that you may hold, or suspend or terminate any Account, and we are not required to provide you with the reasons for taking any such action. ## 5. $holytag **5.1.** By registering in our Platform, you will be given the possibility to choose and register a $holytag Name of your choice to identify your Account. Your $holytag Name will be unique and exclusive to you and your Account with us. You can choose any $holytag Name which has not been previously registered in our Platform, as long as the same does not contain any words considered to be immoral, scandalous, shocking, indecent, discriminatory, disgraceful, offensive, disreputable, violent or offensive to the conscience or moral feelings, or of any political or religious contents, in any language. **5.2.** We reserve the right to refuse the registration of any $holytag Name, and allocate a $holytag Name of our choice. You will have the right to at any time change the $holytag Name for any of your choice. ## 6. Holyheld Account Access **6.1.** In order to use your Holyheld Account you will need to verify the ownership of your Crypto-asset wallet address via EDSCA signature. **6.2.** You will also be required to set up two-factor authentication (**“2FA”**). **6.3.** You are the only person permitted to access your Holyheld Account using your Login Credentials and other required forms of authentication. **6.4.** You agree and understand that you are solely responsible (and you will not hold us responsible) for managing, monitoring, and maintaining the security of your login credentials and any other required forms of authentication, including your API keys. You further agree and understand that we are not responsible (and you will not hold us responsible) for any unauthorised access to or use of your Holyheld Account. **6.5.** If you suspect that your Holyheld Account or any of your security details have been compromised or if you become aware of any fraud or attempted fraud or any other security incident (including a cyber-security attack) affecting you and/or Holyheld, you must notify Holyheld Support as soon as possible using the Holyheld mobile application or website. ## 7. Wallet Creation via Holyheld **7.1.** You may optionally create a wallet address in the blockchain via the Holyheld app in order to interact with Holyheld or any other decentralized apps or protocols. **7.2.** This wallet address shall not be confused with your Holyheld Account.You may use other wallet addresses to create or access your Holyheld Account. **7.3.** You shall be the sole owner and responsible for any assets or activity regarding the wallet. **7.4.** You are the sole responsible for taking the necessary measures to secure, protect and backup the access credentials and your wallet properly, including securely storing any passwords or secret recovery phrases. You acknowledge that certain methods of storing your secret recovery phrase, such as saving it as a digital file on your personal device or in cloud storage, may increase the risk of your wallet or phrase being compromised. You agree not to share any passwords or secret recovery phrases associated with your wallet with us or any third party. Holyheld will not be held liable if you choose to share such information, whether intentionally or unintentionally. Holyheld assumes no responsibility for any theft of a secret recovery phrase resulting from unauthorized access to your personal device or cloud storage. **7.5.** In no event shall Holyheld, any of its affiliates, officers, shareholders and employees have any responsibility or liability arising out or related to the use of the wallet for any lost of access, profits, revenues, goodwill, direct or incidental, including but not limited to business interruption, malfunction, unauthorized access to the wallet. ## 8. Crypto-asset Orders **8.1.** We will process Crypto-asset orders in accordance with the instructions we receive from you. You should verify all transaction information prior to submitting instructions to us. We do not guarantee the identity of any user, receiver, requester, or other third-party and we will have no liability or responsibility for ensuring that the information you provide is accurate and complete.You cannot cancel, reverse, or change any transaction marked as complete or pending. At no point during the purchase, sale or swap will Holyheld be in possession or in control of your Funds or Crypto-assets. **8.2.** When you or a third party sends the Crypto-asset to a Holyheld Account from an external Crypto-asset wallet not hosted on the Platform, the person initiating the transaction is solely responsible for executing the transaction properly. **8.3.** All orders of Crypto-assets on our Platform are final and irreversible. We are not responsible for any losses incurred due to incorrect or unauthorized order. **8.4.** We may refuse to process or cancel any pending Crypto-asset order as required by law, regulation, or any court or other authority to which Holyheld is subject in any jurisdiction, if there is suspicion of money laundering, terrorist financing, fraud, or any other financial crime. **8.5.** The use of our Services may be subject to limits on the volume on any Fiat currency or Crypto-asset that you may engage in a given period. Order limits may vary depending on your payment method, verification steps you have completed, and other factors. We reserve the right to change applicable limits, as we deem necessary. **8.6.** USDC is the only Crypto-asset supported by Holyheld for the Crypto-asset exchange service. Other Crypto-assets might be used in the Holyheld Platform through third party smart contract integrations. Holyheld reserves the right to at any time terminate support for a specific Crypto-asset. **8.7.** During the utilization of the Services Holyheld is not the recipient of any ownership or custodial rights of any Crypto-assets. You remain the sole owner of your Crypto-assets at all times in your own Crypto-asset wallet. **8.8.** You acknowledge that the value of the Crypto-asset may vary. You agree to accept the rate when you authorise theCrypto-asset order. You will be able to purchase, sell, and swap Crypto-assets from and to us, through our website and the Platform subject to any [applicable fees](https://holyheld.com/legal/fees) and limits displayed during the purchase and sale flow. The price, exchange rate and amount of the Crypto-asset that you wish to purchase, sell, or swap will be confirmed to the best of our ability at the time that you place an Order. **8.9.** You can purchase supported Crypto-assets using Fiat currencies via Holyheld. You specifically authorise Holyheld to exchange Crypto-assets once the purchase order is placed and the funds are received by holyheld through our third-party service provider. You must confirm the exchange rate and quote provided by Holyheld in the Holyheld application and sign the transaction confirmation with your wallet. **8.10.** Holyheld will process the exchange of Crypto-asset transactions according to your instructions. You are the sole responsible for executing the transaction correctly, which may include paying fees to complete the transaction. **8.11.** By clicking “Buy crypto” or “Sell crypto” in the Holyheld app or Platform, you authorize Holyheld to initiate the Crypto-asset order at the quoted buy or sell price, including associated fees. **8.12.** Transactions marked as complete or pending cannot be canceled, reversed, or changed. **8.13.** The use of our Crypto-asset exchange services may be subject to limits on the volume of Fiat currency or Crypto-assets you can transact within a given period. **8.14.** Your order limits may vary based on your payment method, completed verification steps, and other factors. We reserve the right to change applicable limits as necessary. **8.15.** Holyheld may refuse to process or cancel any pending Crypto-asset order as required by law, regulation, or any authority in any jurisdiction if there is suspicion of money laundering, terrorist financing, fraud, or other financial crimes. **8.16.** Acceptance of an order does not guarantee that you will receive the corresponding amount of Crypto-asset or Fiat currency. The Crypto-asset order is conditional upon actual receipt by us of the Funds from you or the Crypto-asset from your wallet, as well as payment of any applicable fees. **8.17.** Subject to clause 8.16 and the order being honored by your bank, card provider or other relevant party, Crypto-asset purchases will be credited to the Crypto-asset wallet provided by you at the time of the order as soon as possible once the Crypto-asset purchase has been confirmed by the Crypto-asset network. Holyheld will send you purchased Crypto-assets on the relevant blockchain. Once submitted to a Crypto-asset network, a Crypto-asset purchase will be unconfirmed for a period of time pending sufficient confirmation of the order by the Crypto-asset network and your wallet provider. Crypto-asset orders that are in a pending state will not be credited to your Account until confirmed. **8.18.** Subject to clauses 8.16, 8.19, Crypto-asset sales shall be processed upon receipt of the Crypto-asset from you after you have confirmed the order. Once submitted to a Crypto-asset network, a Crypto-asset sale will be unconfirmed for a period of time pending sufficient confirmation of the order by the Crypto-asset network. Once the Crypto-asset sale is confirmed, Fiat currency will be credited to your account or other relevant party. **Transmission delays** **8.19.** Holyheld will use good faith efforts to fulfill orders at the time that you place such orders. However, from time to time, it may be necessary for us to delay fulfillment of an order until such time as we are able to process the order. In such cases, we will notify you prior to the completion of your order both: - **8.19.1.** the amount of Crypto-asset you will receive; and - **8.19.2.** the price at the time of fulfillment (including applicable fees). **8.20.** Holyheld does not have any control over transaction times for a Crypto-asset network and there may be instances where transaction times may take longer than usual. As such, you accept the risk that an order facilitated by us may be delayed and you confirm that you will not hold Holyheld responsible for any losses, damages or injury arising out of or related to such delay that are outside of Holyheld control. ## 9. Prohibited Use of the Holyheld Platform **9.1.** You agree not to use our Platform for any illegal, fraudulent, or unauthorized activities. You also agree not to engage in any activities that could damage, disable, overburden, or impair our Platform or interfere with other users' use of our service. **9.2.** The Holyheld Platform is not provided to, and may not be used in any jurisdiction where the provision or use thereof would violate applicable laws and regulations. **9.3.** If you reside in any jurisdiction where the use of the Platform would violate any of the laws or regulations of the jurisdiction in which you reside, you agree to refrain from using the Platform in any manner that would violate any of the laws and regulations of your jurisdiction. ## 10. Risks Associated with Crypto-asset Orders **10.1.** By acknowledging these Terms and Conditions, you understand that Crypto-asset related operations involve a high level of financial and security risk. Crypto-assets may experience frequent price volatility. Legislative and regulatory changes or actions may adversely affect the use, transfer, exchange, and value of Crypto-assets; **10.2.** You understand that: - Crypto-assets in your Account are not subject to deposit insurance protection; - Crypto-assets are not legal tender; - Transactions in Crypto-assets may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable; - Holyheld may rely on third party service providers which may fail to execute the contracted services; - Crypto-asset exchange services are subject to anti-money laundering compliance and registration requirements under the Swiss law. - Once you have placed an order, it cannot be canceled or recalled. - All orders are final and cannot be refunded. - Once an order has been processed and the Crypto-asset sent to your wallet, it cannot be recalled or retrieved under any circumstances. - You hereby agree that all purchases, sales, and swaps of Crypto-asset are final and you will not be entitled to any credit or refund. Holyheld‘s obligation towards you will be absolutely discharged upon delivery of the Crypto-asset to your Account and wallet associated with it or Fiat funds to your bank account or Card and you shall have no claim or right against Holyheld upon such delivery. - Crypto-asset orders are irreversible. It is your sole responsibility to be vigilant of any fraud or mistake and to keep your wallet key(s) safe. Holyheld will not issue refunds, regardless of reason including whether you were the victim of fraud, mistake or loss of wallet key(s). - If an order for a swap fails for any reason, including if we have to re-quote a swap quote to you because of price volatility and you reject the re-quote, then there will be an automatic refund to you if applicable, less any applicable fees. **10.3.** You agree and understand that you are solely responsible for determining the nature, potential value, suitability, and appropriateness of these risks for yourself, and that Holyheld does not give advice or recommendations regarding Crypto-assets, including the suitability and appropriateness of, and investment strategies for, Crypto-assets. You agree and understand that you access and use the Holyheld Platform at your own risk; however, this brief statement does not disclose all of the risks associated with Crypto-assets and using the Holyheld Platform. **10.4.** You should therefore carefully consider whether such use is suitable for you in light of your circumstances and financial resources. You should be aware that you may sustain a total loss of relevant funds, and that under certain market conditions, you may find it difficult or impossible to liquidate a position. ## 11. Payment of Taxes **11.1.** We do not provide tax advice and you agree that you will determine any tax implications associated with your use of, and any orders you may initiate using the Platform. You should consult an accountant, lawyer, or tax authorities in your jurisdiction to determine any tax implications. **11.2.** Your order history is available through your Holyheld Account. It is your sole responsibility to determine whether, and to what extent, any taxes apply to any orders you conduct through the Services, and to withhold, collect, report and remit the correct amount of tax to the appropriate tax authorities. ## 12. License and Intellectual Property **12.1.** We grant you a limited, nonexclusive, non-transferable and non-sub licensable license to access and use the Platform solely for informational, order placement, or other approved purposes and reserve all other rights in the Platform, including without limitation, our websites, APIs, and other content. You agree you have no other rights beyond this limited license. **12.2.** Subject to the foregoing, you agree you will not copy, transmit, distribute, sell, resell, license, de-compile, reverse engineer, disassemble, modify, publish, participate in the transfer or sale of, create derivative works from, perform, display, incorporate into another website, or in any other way exploit any content or other part of the Platform for any purpose. You also agree that you will not frame or display any part of the Platform without our prior written permission and that you will not use our trademarks without our permission. You further agree that you will not use any part of the content on our site for commercial purposes without obtaining a license to do so from us or our licensors. ## 13. Fees **13.1.** We may charge fees for certain services on our Platform. By using our Platform, you agree to pay the [Holyheld Fees](https://holyheld.com/legal/fees). Fees can be adjusted at any time. We will send a notification of the applicable fees whether on the Holyheld Account orders. **13.2.** We may charge network fees to process a Crypto-asset order. We will calculate the network fee at our discretion, although we will always notify you of the network fee at or before the time you authorise the order. **13.3.** Non-payment of fees may cause your order to remain in a pending state outside of our control and we are not responsible for delays or loss incurred as a result of an error in the initiation of the order and have no obligation to assist in the remediation of such order. ## 14. Privacy Policy Our privacy policy outlines how we collect, use, and protect your personal information. By using our platform, you agree to our [Privacy Policy](https://holyheld.com/legal/privacy-policy). ## 15. Disclaimer of Warranties **15.1.** We provide our Platform on an “as is” and “as available” basis. We make no representations or warranties of any kind, express or implied, regarding the reliability, accuracy, or completeness of our Platform. **15.2.** We make no representations about the accuracy, order, timeliness, or completeness of historical Crypto-asset price data available on the Platform. **15.3.** We will make reasonable efforts to ensure that Crypto-asset orders, requests for debits and credits involving your Holyheld Account, bank accounts, debit cards are processed in a timely manner but we make no representations or warranties regarding the amount of time needed to complete processing which is dependent upon many factors outside of our control. **15.4.** Specifically, to the fullest extent permissible under applicable law, we do not give any implied warranties of title, merchantability, fitness for a particular purpose and/or non-infringement. We do not make any promises that access to the Platform, any of the Services, or any of the materials contained therein, will be continuous, uninterrupted, timely, or error-free. **15.5.** Any materials, information, view, opinion, projection, or estimate presented via the Platform is made available for informational purposes only and is subject to change without notice. You must make your own assessment of the relevance, timeliness, accuracy, adequacy, commercial value, completeness, and reliability of the materials, information, view opinion, projection, or estimate provided on the Platform. ## 16. Limitation of Liability **16.1.** We shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from the use or inability to use our Platform. **16.2.** We are not liable for any damage or interruptions caused by any computer viruses or other malicious code that may affect your computer or other equipment, or any phishing, spoofing or other attack. We advise the regular use of a reputable and readily available virus screening and prevention software. You should also be aware that SMS and email services are vulnerable to spoofing and phishing attacks and should use care in reviewing messages purporting to originate from us. **16.3.** You agree to indemnify us, our affiliates and service providers, and each of our, or their, respective officers, directors, agents, employees, and representatives, in respect of any costs (including attorneys' fees and any fines, fees or penalties imposed by any regulatory authority) that have been reasonably incurred in connection with any claims, demands or damages arising out of or related to your breach and/or our enforcement of these Terms and Conditions. **16.4.** Where we do not own or control the underlying software protocols that govern the operation of Crypto-assets supported on our Platform, we assume no responsibility for the operation of the underlying protocols and we are not able to guarantee the functionality or security of network operations. **16.5.** Where we are considering a specific claim relating to a specific order Holyheld’s liability to you in case of breach of these Terms and Conditions will be further limited to the order amount in dispute. **16.6.** In addition to the liability cap above, in no event shall Holyheld, our affiliates or service providers, or any of our or their respective officers, directors, agents, employees or representatives, be liable for any of the following types of loss or damage arising under or in connection with this Agreement or otherwise: - If you claim that we failed to process a Crypto-asset order properly, your damages are limited to no more than the supported Crypto-asset at issue in the order; - any loss of, or damage to, reputation or goodwill; any loss of business or opportunity, customers or contracts; any loss or waste of overheads, management or other staff time; or any other loss of revenue or actual or anticipated savings, whether direct or indirect, even if we are advised of or knew or should have known of the possibility of the same; - any loss of use of hardware, software or data and/or any corruption of data; including but not limited to any losses or damages arising out of or relating to any inaccuracy, defect or omission of Crypto-assetprice data; any error or delay in the transmission of such data; and/or any interruption in any such data; and - any loss or damage whatsoever which does not arise directly as a result of our breach of this Agreement (whether or not you are able to prove such loss or damage). **16.7.** We are not liable for any breach of the Agreement, including delays, failure in performance, or interruption of Service, where they arise directly or indirectly from abnormal and unforeseeable circumstances beyond our control, the consequences of which would have been unavoidable despite all effects to the contrary, nor are we liable where the breach is due to the application of mandatory legal rules. ## 17. Termination You agree that Holyheld reserves the right to suspend, terminate and deactivate your Holyheld Account or access to our Platform, including any related services (i.e., Card services provided by our partner) at any time, without notice, justification or liability, including in case of: applicable regulatory or judicial decision; pending litigation as so determined by the court or any governmental entity; in case of any illegal, fraudulent, or suspicious activity; and/or in case of any suspected misuse of the Holyheld Platform or the user credentials. ## 18. Communications **18.1.** Any questions, concerns, complaints or further correspondence regarding the present Terms and Conditions shall be addressed to our email . **18.2.** For Privacy and Data Protection matters please refer to the email . **18.3.** For KYC/AML compliance questions please contact . ## 19. Amendments **19.1.** We reserve the right to modify these terms and conditions at any time and without notice. By continuing to use our platform, you agree to be bound by any changes to these terms and conditions. **19.2.** We may amend these Terms and Conditions, any agreement incorporated by reference, or our fees at any time by posting the amended version on the Platform, emailing it to you, or communicating it to you through the Platform. Each amended version will be effective as of the time it is posted, and your continued use of our services after the posting of an amended version constitutes your acceptance of the amended version. **19.3.** We will inform you of any upcoming amendments by e-mail and through the Platform at least 60 (sixty) days in advance. If you do not agree to be bound by the updated Terms and Conditions, your sole and exclusive remedy will be to close your Account within 60 (sixty) days of the notice date and your access or use of the Services will be permitted only to the extent necessary to immediately close your Account. You acknowledge that you may close your Account without making any trades or transactions using the Service, and that any such actions are not necessary to close your Account. Your non-termination or continued use of the Service after such 60 (sixty) days period will constitute your acceptance of the updated Terms and Conditions as of the notice date. ## 20. Non-assignment **20.1.** These Terms and Conditions are personal to you and you cannot transfer or assign your rights, licenses, interests and/or obligations to anyone else. We may transfer or assign our rights licenses, interests and / or our obligations at any time, including as part of a merger, acquisition, or other corporate reorganisation involving Holyheld, provided that this transfer or assignment does not materially impact the quality of the services you receive. Subject to the foregoing, these Terms and Conditions will bind and insure to the benefit of the parties, their successors, and permitted assigns. You reserve the right to terminate the Terms and Conditions with immediate effect in the event we transfer and/or assign the Agreement. **20.2.** In case Holyheld 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 and our relationship with you (including these Terms and Conditions) as part of such merger, acquisition, sale, or other change of control. **20.3.** If you are unsatisfied with the Services of ours or in case you have any concerns in relation to the Services, please contact us via web or mobile applications support section or via email . **20.4.** In case we cannot handle your claim or you are not satisfied with our feedback provided, You may handle the complaint to The Financial Services Standards Association (VQF) and / or file the complaint with other institutions. All disputes arising from these Terms and Conditions will be aimed to be settled by the negotiations between you and us. If the disputes resulting from these Terms and Conditions could not be settled by the negotiations within one month, the dispute will be solved in the courts of the Swiss Confederation. Consumer residents in Switzerland can also seek further information and advice on their rights by visiting the State Consumer Rights Protection Authority. ## 21. Miscellaneous **21.1.** These Terms and Conditions, including documents and links referenced constitute the entire understanding and agreement between you and Holyheld and it supersedes any and all prior discussions, agreements, and understandings of any kind (including without limitation any prior versions of these Terms and Conditions), and every nature between and among you and Holyheld. **21.2.** If any provision of these Terms and Conditions is determined to be invalid or unenforceable under any applicable law, this will not affect the validity of any other provision. If any provision is found unenforceable, the unenforceable provision will be severed, and the remaining provisions will be enforced. Our failure to insist upon your strict compliance with any term or provision of these Terms and Conditions shall not be construed as a waiver for you to not comply with such term or provision. **21.3.** All provisions of these Terms and Conditions that by their nature extend beyond the expiration or termination of these Terms and Conditions, including, without limitation, the sections relating to suspension or termination, disputes with Holyheld, your liability, the indemnity, and general provisions will continue to be binding and operate after the termination or expiration of these Terms and Conditions. ## 23. Governing Law These Terms and Conditions shall be governed by and construed in accordance with the laws of the Swiss Confederation. # Holyheld Privacy Policy Holyheld Labs AG, registered in Switzerland under company identification number CHE-207.939.735, with its registered office at Bahnhofstrasse 20, 6300 Zug, Switzerland, is the data controller responsible for the collection of your personal data. This privacy policy (“Privacy Policy”) provides an insight into how Holyheld (“Holyheld”, “We”, “us”, “our”) and all platforms affiliated with Holyheld, including but not limited to the Holyheld Websites, and Applications (collectively “Platform”) collect, share or use personal data about you (“user(s)”, “You”, “your”) with connection to the Platforms. It describes how the Company collects, uses, and discloses Personal Data that we obtain from users of the Platform and any account by services provided through the Platform as well as other collected personal data, and how we use and disclose that information. For purposes of this Policy, “Personal Data” refers to any information relating to an identified or identifiable natural person, from whom the identity of such person may be directly or indirectly determined. The Privacy Policy, together with our [Terms and Conditions](https://holyheld.com/legal/terms-and-conditions) (“Terms”) governs the processing of your personal data and is applicable to all the information collected through the Platforms, upon the use of such Platforms, (collectively, the “Services”). By registering for and using the Platform, you confirm that you are aware that your Personal Data will be handled as described in this Policy and the Terms and Conditions applicable to the Platform (the “Service Agreement”). Capitalized terms used herein shall have the same meaning as set forth in the Service Agreement. This Policy supplements the other notices and is not intended to override them. Terms used within it shall have the meaning(s) given in the Swiss Federal Act on Data Protection of 25 September 2020 (“FADP”) and the Ordinance to the Federal Act on Data Protection (“FADPO”), as applicable. This Policy describes how we collect, use, share, retain and safeguard Personal Data. This Policy also helps you to understand your legal rights to your Personal Data and explains the grounds on which we process Personal Data and who to contact should you have a query on the collection and use of your Personal Data. ## What Personal Data we collect and how we collect it? We collect and process Personal Data about you directly from you when you contact us, register to use the Platform, or submit such information as a part of the Know-Your-Client (“KYC”), as well as automatically through your use of the Platform. We may also collect or receive Personal Data from third party service providers, state institutions or other persons that may have a legal ground to provide the Personal Data to us. Personal Data that you provide to us. This includes Personal Data about you that you provide to us, for instance when you open an account (the “Account”) with us. The nature of the services you are requesting will determine the kind of Personal Data we might ask for, though such information may include (by way of a non-exhaustive list): - **Identification Information**: Full name, date of birth, nationality, gender, signature, utility bills, photo verification, telephone number, home address, and email address. - **Formal Identification Information**: Government issued identity documents such as passport, driver’s license, national identity card, taxpayer identification number, passport number, and/or any other information deemed necessary to comply with our legal obligations under financial or anti-money laundering laws. - **Financial Information**: Bank account information, payment method information, transaction history, and tax identification. - **Biometric Data**: includes a scan of face geometry, which we use for your identification. - **Employment Information**: includes your employment history, education background and income levels. - **Other Personal Data**: Any information that you choose to share on a Platform which may be considered Personal Data. Personal Data that we collect or generate about you. This includes (by way of non-exhaustive list): - any information regarding the services purchased and/or used on the Website and our interactions with you; - information about the transactions you make on our Services, such as the name of the recipient, your name, the amount, type of currency, and timestamp; - online identifiers, IP (internet protocol) address, computer and connection information, device type and unique device identification numbers (e.g. IMEI number, MAC address), bandwidth, mobile network information, mobile operating system and type of mobile browser, and other technical data collected through cookies and other similar technologies that uniquely identifies your browser; - usage data such as authentication data and security questions; and - any information you choose to provide to us, for example, through support messages, and emails. Information we obtain from other sources. This includes the Personal Data provided to us by third-party service providers, agencies or other publicly available sources where applicable. The main types of third parties we receive your Personal Data from are: - **Public Databases, ID Verification Partners** in order to verify your identity in accordance with applicable law. ID verification partners like Sumsub and Idenfy use a combination of government records and publicly available information about you to verify your identity. Such information may include your name, address, job role, public employment profile, government-issued ID, credit history, status on any sanctions lists maintained by public authorities, and other relevant data. - **Blockchain Data**, including through the use of third party transaction and wallet screening service providers, to ensure parties using our Services are not engaged in illegal or prohibited activity and to analyse transaction trends for research and development purposes. Please note that if you are acting as an authorized individual on behalf of a User and are providing Personal Data for such User, you are responsible for ensuring that you have all required permissions and consents to provide such Personal Data to us for use in connection with the Platform and that our use of such Personal Data you provide to the Platform does not violate any applicable law, rule, regulation or order. We use different methods to collect Personal Data from and about you including through: - **Direct interactions**. You may provide us with your Personal Data by filling in forms or by corresponding with us via our Website or by post, phone, email or otherwise. This includes Personal Data you provide when you: - apply to use our services; - create an Account on our Platform; - log into the User’s account on the Platform and / or make transactions; - lodge a support query. We may receive Personal Data about you from various third parties and public sources as set out below: - Our partner who shares your Personal Data with us so that (a) you can use our services on their behalf; and (b) they can pay money to you (for example, your salary if you are their employee or payment for goods and/or services if you are their supplier); - Electronic Identity Verification providers from data brokers or aggregators based inside or outside Switzerland; - We may also record and verify personal identity documents such as passports electronically; - Identity data and contact data from publicly available sources; - In order to provide contracted services, we may need to verify details with Credit Reference agencies, anti-Fraud agencies, Sanction screening and politically exposed persons (PEP) listings. ## Data We Collect Automatically When you use the Platform, our servers automatically record information using cookies and other tracking technologies, including information that your browser sends whenever you visit the Platform or your mobile application sends when you’re using it. This log data may include your Internet Protocol address, the address of the web page you visited before coming to the Platform, your browser type and settings, the date and time of your request, information about your browser configuration and plug-ins, language preferences, and cookie data. In addition to log data, we may also collect information about the device you use for the Platform, including what type of device it is, what operating system you’re using, device settings, unique device identifiers, and crash data. Whether we collect some or all of this information may depend on what type of device you’re using and its settings. We may combine this information with other information that we have collected about you, including, where applicable, your full name, username, email address, and other Personal Data. **Geolocation**. If you have provided permission through your mobile device to allow us to collect location information through a mobile application, we may obtain your physical location information in terms of latitude and longitude from technologies like GPS, Wi-Fi, or cell tower proximity. You are able to withdraw your permission for us to acquire such physical location information from your mobile device through your mobile device settings, although we do not control this process. If you have questions about how to disable your mobile device’s location services, we recommend you contact your mobile device service provider or the mobile device manufacturer. ## Grounds for processing Personal Data We process your Personal Data on one or more of the following grounds: - **Performance of a contract** – processing that is necessary for the performance of a contract to which you are a party or to take steps at your request before entering into such a contract; - **Overriding interest** – the legitimate interest of our business in conducting and managing our business so as to provide you with the best service/product and the most secure experience. Where a justification is required, we consider and balance any potential impact on you (both positive and negative) and your rights before we process your Personal Data on the ground of an overriding private interest. You can obtain further information about how we assess our overriding interests against any potential impact on you in respect of specific activities by contacting us; - **Legal requirement** – processing that is necessary for compliance with a legal or regulatory obligation that we are subject to; - **Consent** – processing your Personal Data on the basis of your consent. Note that we may process your Personal Data on more than one ground depending on the specific purpose for which we are using your data. Please contact us if you need details about the specific ground we are relying on to process your Personal Data. Generally, we do not rely on consent as a ground for processing your Personal Data other than in relation to sending third party direct marketing communications to you via email or text message. You have the right to withdraw consent to marketing at any time by contacting us. ## How is the information used? We may use the collected Personal Data for the following purposes: - Providing services to you, which include, but are not limited to open an account, operating and managing the services; performing services requested by you such as responding to your comments, questions, and requests, and providing information support; sending you technical notices, updates, security alerts, information regarding changes to our policies, and support and administrative messages; detecting, preventing, and addressing fraud, breach of Terms, and threats, or harm; and compliance with legal and regulatory requirements. - **Process payments**. We use your Personal Data to make payments and/or receive funds through your payment devices and by the Platform. We use and share your Personal Data with Electronic Money Institutions, banks, and financial service partners, such as banking intermediaries, international payment service providers and regulated distribution agents. - Direct marketing and business activities in relation to our services, including but not limited to newsletters sending, updates, marketing communications and other information that may be of interest to you; - complying with legal and regulatory obligations, including KYC/AML requirements, e.g. to verify your identity we may use and share your Personal Data with credit-checking/reference agencies and fraud prevention agencies; - monitoring the use of Platforms for business purposes which may include analysis of usage, measurement of site performance and generation of marketing reports; - for legitimate business interests, such as business research and analysis, managing our Platforms and Services, asset protection, debt management; - looking into any complaints or queries; - preventing and responding to actual or potential fraud or illegal activities; - operating our Platforms, customer support, marketing and research services related to the Platforms; - Cookies used are strictly necessary for the safe and secure functioning of the Platforms and Services; - Protecting the security and integrity of the Services; improving the Services and other websites, apps, products and services; - exercising or defending any legal rights. ## How do we share the Personal Data? **Affiliates**. We may disclose the information we collect from you to our affiliates or subsidiaries solely for the purpose of providing the Platform to you; however, if we do so, their use and disclosure of your personally identifiable information will be maintained by such affiliates and subsidiaries in accordance with this Policy. **Service Providers**. We may disclose the information we collect from you to third-party vendors, service providers, contractors or agents who perform functions on our behalf (e.g. auditors, accountants, lawyers, credit-checking/reference agencies and fraud prevention agencies, banking institutions), provided such third parties have agreed to only use such information to provide services to us. These third parties will be subject to appropriate data protection obligations and they will only use your Personal Data as described in this Privacy Policy; **Business Transfers**. If we are in negotiations with, or are acquired by or merged with another company or entity, if substantially all of our assets are transferred to another company or entity, or as part of a bankruptcy proceeding, we may transfer the information we have collected from you to the other company or entity. **In Response to Legal Process**. We also may disclose the information we collect from you in order to comply with the law, a judicial proceeding, court order, or other legal process, such as in response to a subpoena. **To Protect Us and Others**. We also may disclose the information we collect from you if we believe it is necessary to investigate, prevent, or take action regarding illegal activities, suspected fraud, situations involving potential threats to the safety of any person, violations of our Service Agreement or this Policy, or as evidence in litigation in which we are involved. **Aggregate and De-Identified Data**. We may collect, process, analyse and share aggregate or de-identified information about Users with third parties and publicly for product development, marketing, advertising, research or similar purposes. ## How is your information secure? We ensure that your Personal Data collected by us is subject to appropriate technical and organizational security measures to help protect your Personal Data from unauthorised access, use, disclosure, alteration or destruction consistent with applicable data protection laws. Nevertheless, you are responsible for using the secure internet connection and the transmission of information via third party networks. As per the PCI DSS security standard requirements we regularly conduct external vulnerability scanning services operated by an Approved Scanning Vendor (ASV) duly qualified by the PCI DSS, that uses specialist security tools to find any weaknesses or holes in our systems that hackers may attempt to exploit. **Professional Advisors** – we share information for audits and legal compliances with our professional advisors. **Security and Compelled Disclosure** – Information stored by us is shared with public officials for legal compliance enforcement and authorised security concerns. We only store your information for a limited period of time and strictly only for as long as is necessary for the relevant purpose and/or for as long as it is necessary to comply with legal obligations, laws or regulations. **Fulfilling your Requests** – we may share your information with you with your consent at your request or direction. Notwithstanding the above, we may share information that does not identify you (including information that has been aggregated or de-identified) except as prohibited by applicable law. We have put in place procedures to deal with any suspected Personal Data breach and will notify the Federal Data Protection and Information Commissioner (FDPIC) and, where required, you, of a breach of data security where we are legally required to do so. ## How do we use cookies? We employ cookies on our platform solely and strictly as necessary to facilitate the secure provision of our services to you, ensuring essential functionality such as session management, authentication, and data integrity on our Platform. Our Platform may contain links to third-party websites. Any access to and use of such linked websites is not governed by this Policy, but instead is governed by the privacy policies of those third-party websites. We are not responsible for the information practices of such third-party websites. You may instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use our Service. ## How do we store or transfer information? The Personal Data collected by us is primarily processed in Switzerland. Where we transfer your Personal Data abroad, we will take all necessary steps to ensure that your Personal Data is treated securely and in accordance with this Privacy Policy and the FADP. Where we transfer Personal Data to a country that does not ensure an adequate level of data protection, we rely on standard contractual clauses or other safeguards permitted under the FADP. ## For how long do we keep your data? We retain your Personal Data as long as you maintain an Account on the Platform. We will cease to retain your Personal Data, or remove the means by which the Personal Data can be associated with particular individuals, as soon as it is reasonable to assume that: - the purpose for which that Personal Data was collected is no longer being served by its retention; and - retention is no longer necessary for legal, accounting or business purposes. Please note that certain laws may require us to retain records of transactions or accounts for a certain period of time. To determine the appropriate retention period for Personal Data, we consider the amount, nature, and sensitivity of the Personal Data, the potential risk of harm from unauthorized use or disclosure of your Personal Data, the purposes for which we process your Personal Data and whether we can achieve those purposes through other means, and the applicable legal requirements and recommendations. ## How do we protect and ensure your rights? You are entitled to a certain number of legal rights concerning the Personal Data we may hold about you under the FADP. These rights can be exercised at any time by contacting us. The following rights apply regarding the collection of your Personal Data: **Right to Information / Access**: you have the right to obtain information as to whether we process Personal Data about you, to access that Personal Data, and to be informed of how we use it and who we share it with. **Right to Data Portability**: you have the right to receive the Personal Data that you have disclosed to us, and which we process by automated means on the basis of your consent or in connection with a contract, in a commonly used electronic format, and/or to request transfer of the same to a third party, in certain circumstances and with certain exceptions. **Right to Rectification**: you have the right to correct any inaccurate Personal Data. **Right to Deletion of Data**: in certain circumstances, you have the right to request the deletion or destruction of your Personal Data stored with us. There may be circumstances where you ask us to erase Personal Data, but we are legally entitled to retain it; in such circumstances, the same shall not be erased. **Right to Restrict / Object to processing**: you have the right to object to our processing of your Personal Data and to require us to restrict the processing of, or to stop processing, the Personal Data we hold about you, other than for storage purposes, in certain circumstances. There may be circumstances where you object to or ask us to restrict the processing of Personal Data, but we are legally entitled to refuse that request. **Withdrawal of consent**: Where we rely on consent to process your Personal Data, you have the right to withdraw this consent at any time. In certain circumstances it may be lawful for us to continue processing without consent if we have a legitimate reason (other than consent) for doing so. **Rights in relation to automated individual decisions**: you have the right not to be subject to a decision based solely on automated processing, including profiling; you may request that such processing be reviewed by a natural person and object to a decision made by automated means. **Right to lodge a report with the supervisory authority**: you have the right to report the actions or inactions of us, related to the implementation of your data protection rights, to the Federal Data Protection and Information Commissioner (FDPIC), and to pursue any civil-law remedies available to you under the FADP. The aforementioned rights are not absolute and may be limited by law. Please note that notwithstanding the foregoing, there may be circumstances in which we are unable to accommodate a request to edit, update, access, or delete an account profile or Personal Data. This includes but is not limited to: - any basis where such request can be denied under applicable law; - where we need to retain the information to comply with international or national laws or for accounting or tax purposes; - where we need to comply with a civil, criminal, or regulatory inquiry, investigation, subpoena, or summons by state, or local authorities; - where we need to cooperate with law enforcement agencies concerning conduct or activity that the business, service provider, or third party reasonably and in good faith believes may violate laws; - where we need to retain information to exercise or defend legal claims; - where the information contains legal privilege or proprietary information of another party; or where complying with the request would compromise others’ privacy or other legitimate rights. We try to respond to all legitimate requests without undue delay, and in any event within 30 days of receipt of the request. Occasionally it could take us longer than 30 days if your request is particularly complex or you have made a number of requests, in which case we will inform you of the reasons for the delay and of the period within which we expect to respond. If we determine that we cannot respond to any request in any particular instance, we will provide you with an explanation of why that determination has been made and a contact point for any further inquiries. To protect your privacy, we will take commercially reasonable steps to verify your identity before responding to any request under this provision, including complying with any applicable legal requirement for verifying your identity. If a representative wishes to exercise data subject rights on behalf of a data subject, they must provide a valid authorization document (e.g. Power of Attorney) as proof of authorization. ## Children under 18 Our Platform is not designed for children under 18. If we discover that a child under 18 has provided us with Personal Data, we will delete such information from our systems. ## Contact Us For further information on the collection, use, disclosure, transfer or processing of Personal Data or the exercise of any of the rights listed above, please contact Holyheld by sending an email to . If you have complaints about how we process your Personal Data, please contact us and we will respond to your request as soon as possible. ## Changes to this Policy This Policy is current as of the Last Update set forth in the beginning of the Policy. We may change this Policy from time to time, so please be sure to check back periodically. We will post any changes to this Policy on the Platform. If we make any changes to this Policy that materially affect our practices with regard to the Personal Data we have previously collected from you, we will endeavor to provide you with notice in advance of such change by highlighting the change on our Platform or providing a push notification through the Website (you should make sure your Website settings allow for such push notifications) or sending an email that you have provided in your Account, (for this reason you should make sure to update your account information promptly if it changes). # Holyheld AML Policy This document is a summarized overview of Holyheld Labs AG (“Holyheld”) procedures for prevention of money laundering (“ML”), financing of terrorism (“FT”) and other forms of illicit activity. Holyheld Labs AG is affiliated to a Self-Regulatory Organisation (SRO) recognised by the Swiss Financial Market Supervisory Authority (FINMA) and is thereby authorised to carry out financial-intermediary activity in Switzerland. Holyheld Labs AG is supervised for anti-money-laundering and counter-terrorist-financing purposes by its SRO under the oversight of FINMA, in accordance with the Swiss Anti-Money Laundering Act (AMLA) and its implementing ordinances, and maintains an AML/CFT framework consistent with FATF standards. ## Risk-Based Approach Holyheld takes a risk-based approach (“RBA”) towards assessing and containing the money laundering and terrorist financing risks arising from any customer’s transactions according to Holyheld’s implemented risk management framework, controlled by a certified risk manager. Holyheld performs a risk-based due diligence by collecting any necessary information and documentation on each prospective customer in order to assess the risk before entering into a customer relationship, or when attributing a risk profile. The customer risk profile will be revised periodically upon knowledge of the client identification and its activities. ## Customer Due Diligence Customer due diligence (CDD) measures are required for verifying the identity of a new or existing Customer as a well-performing risk-based ongoing monitoring of the Customer Relationship. The CDD measures are taken and performed to the extent necessary considering the Customer’s risk profile and other circumstances in the following cases: - upon establishment of the Customer Relationship and during the ongoing monitoring of the Customer Relationship; - upon verification of information gathered while applying due diligence measures, or in the case of doubts as to the sufficiency or truthfulness of the documents or data gathered earlier while updating the relevant data; - upon suspicion of Money Laundering or Terrorist Financing, regardless of any derogations, exceptions or limits provided for in the Holyheld AML Policy and applicable legislation. Holyheld does not establish or maintain a Customer Relationship and does not perform any transaction if: - Holyheld is not able to take and perform any of required CDD measures; - Holyheld has any suspicions that Holyheld’s services or transaction will be used for Money Laundering or Terrorist Financing; - the risk level of the Customer or of the transaction does not comply with Holyheld’s risk assessment. Each Customer is assigned a documented individual risk level which shall form the basis for follow-up measures, and which is followed up and updated when necessary. Upon the application of CDD measures, Holyheld acquires the knowledge, understanding and assertion that has enough information about the Customer’s identity, activities, purpose of the Customer Relationship and of the transactions carried out, and origin of the funds, so that Holyheld understands the Customer’s purpose, thereby taking into account the Customer’s risk level, the risk associated with the Customer Relationship and the nature of such relationship. ## Simplified Due Diligence Simplified due diligence (SDD) measures are applied where the Customer’s risk profile indicates low risk level of ML/TF. SDD measures must not be carried out in the circumstances where enhanced due diligence measures (as described below) must be carried out. Where, in the course of performing ongoing monitoring of the Customer’s Relationships, it is established that the risk of ML and/or TF is no longer low, Holyheld must apply the relevant level of CDD measures. ## Standard Due Diligence Standard due diligence measures are applied to all Customers where CDD measures must be applied in accordance with Holyheld’s Policies. The following standard due diligence measures should be applied: - identification of the Customer and verification of the submitted information based on information obtained from a reliable and independent source; - identification and verification of a representative of the Customer and their right of representation; - understanding of Customer Relationship, transaction or operation and, where relevant, gathering information thereon; - gathering information on whether the Customer is PEP, their family member or a person known to be close associate; - monitoring of the Customer Relationship. The CDD measures specified above must be applied before establishing the Customer Relationship or performing any transaction. ## Enhanced Due Diligence In addition to standard due diligence measures, Holyheld applies enhanced due diligence (EDD) measures in order to manage and mitigate an established risk of Money Laundering and Terrorist Financing in the case where the risk is established to be higher than usual. Holyheld applies EDD measures, when: - the Customer’s risk profile indicates high risk level of ML / TF; - upon identification of the Customer or verification of submitted information, there are doubts as to the truthfulness of the submitted data, authenticity of the documents; - where cross-border correspondent relationships are commenced with the Customer, which is financial institution of Third Country; - in the case of performance of transaction or Customer Relationship with the PEP, the family member of the PEP or a person known to be the close associate of the PEP; - where transaction or Customer Relationship are carried out with natural persons residing in high-risk Third Countries as identified by the FINMA; - the Customer is from such country or territory or their place of residence or seat or the seat of the payment service provider of the payee is in a country or territory that, according to credible sources such as mutual evaluations, reports or published follow-up reports, has not established effective AML/CFT systems that are in accordance with the recommendations of the FATF. Prior to applying EDD measures, Holyheld ensures that the Customer Relationship or transaction has a high risk and that a high-risk rate can be attributed to such Customer Relationship or transaction. Above all, Holyheld assesses prior to applying the EDD measures whether the features described above are present and applies them as independent grounds (that is, each of the factors identified allows application of EDD measures with respect to the Customer). Holyheld shall notify about EDD measures applied within 2 working days after the start of applying of the EDD measures by sending relevant notification to the compliance Officer. In the case of application of EDD measures, the Holyheld reassesses the Customer’s risk profile no later than every six months. ## Customer Identification The Holyheld identifies the Customer who is a natural person and retains the following data: - name(s) and surname(s); - personal number; - citizenship; - photograph; - signature. The following valid identity documents which contain data specified above may be used as the basis for the identification of a natural person: - an identity document of the Swiss Confederation; - an identity document of a foreign state; - a residence permit in the Swiss Confederation. The Customer, who is a natural person, cannot use a representative in the course of customer relationship with the Company. The Holyheld does not accept legal entities as Customers. Holyheld uses data from a reliable and independent third party service provider to confirm that the personal data and information provided by the Customer is true and correct. ## Politically Exposed Persons The Holyheld shall take measures to ascertain whether the Customer, or the representative of this Customer is a PEP, their family member or close associate or if the Customer has become such a person. The Holyheld shall request from the Customer information to identify if the Customer is a PEP, their family member or close associate (e. g. providing the Customer with an opportunity to specify the relevant information when collecting data about the Customer). The Holyheld shall identify close associates and family members of PEPs only if their connection with PEP is known to the public or if the Holyheld has reason to believe that such a connection exists. ## Identification of purpose of the customer relationship or of a transaction Holyheld shall understand the purpose and nature of the establishing Customer Relationship or performing a transaction. Regarding the services provided, Holyheld may request from the Customer information for understanding the purpose and nature of the Customer Relationship or transaction. Holyheld also applies additional measures and collects additional information to identify the purpose and nature of the Customer Relationship in cases where there is a situation that refers to high value or is unusual; and/or where the risk and/or risk profile associated with the Customer and the nature of the Customer Relationship gives reason for the performance of additional actions in order to be able to appropriately monitor to Customer Relationship later. ## Customer relationship monitoring Holyheld shall monitor established Customer Relationships where ongoing due diligence (ODD) measures are implemented by regularly checking and updating the documents, data and information collected within the course of the implementation of CDD measures and updating the Customer’s risk profile. The regularity of the checks and updates must be based on the risk profile of the Customer. The collected documents, data and information must also be checked if an event has occurred which indicates the need to update the collected documents, data and information. Holyheld shall identify the source and origin of the funds used in transaction(s) if necessary. The need to identify the source and origin of funds depends on the Customer’s previous activities as well as other known information. The identification of the source and origin of the funds used in a transaction can be performed in specific cases. ## Sanctions Implementation Upon the entry into force, amendment or termination of any Sanctions, Holyheld shall verify whether the Customer, or a person who is planning to have the Customer Relationship or transaction with them is a subject of Sanctions. Holyheld shall perform the Sanctions’ verification on an ongoing basis in the course of an established Customer Relationship. The frequency of the ongoing verifications depends on the Customer’s risk profile. ## Refusal of Transaction and Customer Relationship Termination Holyheld is prohibited to establish a Customer Relationship and the existing Customer Relationship or transaction shall be terminated when: - Holyheld suspects Money Laundering or Terrorist Financing; - it is impossible for the Holyheld to apply the CDD measures, because the Customer does not submit the relevant data or refuses to submit them or the submitted data gives no grounds for reassurance that the collected data are adequate; - the Customer which capital consists of bearer shares or other bearer securities wants to establish the Customer Relationship; - the Customer who is a natural person behind whom is another, actually benefiting person, wants to establish the Customer Relationship (suspicion that a person acting as a front is used); - the Customer´s risk profile has become inappropriate with the Company´s risk assessment (i. e. the Customer´s risk profile level is “prohibited”). ## Reporting Holyheld must suspend the transaction disregarding the amount of the transaction (except for the cases where this is objectively impossible due to the nature of the Monetary Operation or transaction, the manner of execution thereof or other circumstances) and must report to the VQF on the activity or the circumstances that they identify in the course of economic activities, and whereby Holyheld has established that the Customer is carrying out a suspicious transaction; and/or knows or suspects that assets of any value are obtained directly or indirectly from criminal activity or participation in such activity. ## Training Holyheld ensures that its employees, its contractors and others participating in the business on a similar basis and who perform work tasks that are of importance for preventing the use of the Company’s business for Money Laundering or Terrorist Financing (‘Relevant Persons’) have the relevant qualifications for these work tasks. When a Relevant Person is recruited or engaged, the Relevant Person’s qualifications are checked as part of the recruitment/appointment process by carrying out background checks, which is documented using a special standard form assessing Employee suitability. In accordance with the requirements applicable to the Holyheld on ensuring the suitability of Relevant Persons, the Holyheld makes sure that such persons receive appropriate training and information on an ongoing basis to be able to fulfil the Company’s obligations in compliance with the applicable legislation. ## Data Processing and Records Retention Holyheld Labs AG shall keep a record of all relevant data regarding Holyheld Labs AG's potential clients, clients and their activities during the business relationship. In accordance with Article 7 of the Swiss Anti-Money Laundering Act (AMLA), the documents and records relating to transactions and to the identification of clients and beneficial owners, together with the records documenting the clarifications carried out, shall be retained for at least 10 years after the termination of the business relationship or the completion of the transaction. Holyheld Labs AG implements all personal-data protection rules arising from the Swiss Federal Act on Data Protection (FADP) and its implementing ordinance, and other applicable law. Holyheld Labs AG is permitted to process personal data gathered in the course of customer due diligence (CDD) solely for the purpose of preventing money laundering and terrorist financing, and such data must not be further processed in a manner incompatible with that purpose, for instance for marketing purposes. ## Compliance Officer Holyheld appointed a Compliance Officer, who acts as a contact person of the VQF and performs the ML/TF duties and obligations on behalf of Holyheld. The Compliance Officer reports directly to the management board and has the competence, means and access to relevant information across all the structural units of Holyheld. The duties of Holyheld Compliance Officer include: - Organisation of the collection and analysis of information referring to possible unusual transactions or transactions or circumstances suspected of money laundering or terrorist financing - Reporting to the VQF in the event of suspicion of money laundering or terrorist financing; - Periodic submission of written statements on compliance with the requirements arising from the law to the management board of Holyheld; - Performance of other duties and obligations related to compliance with the requirements of Holyheld; - Updating internal policy documents, business and client risk assessment regularly. # Holyheld Fees # Holyheld Rewards ## 1. How to Participate As a Holyheld verified User you are eligible to participate in different campaigns launched by Holyheld. Participating is free of charge and only accessible to $holytag holders. By taking part in any campaign you expressly agree to these, but also the General Terms and Conditions, as well as to any decisions made by Holyheld regarding in the course of any campaign. All Holyheld decisions are binding and definitive. ## 2. Rewards Holyheld Rewards are subject to the fulfillment of all conditions for participating and/or winning any campaign. Holyheld may, at its sole discretion, decide who shall be granted a Reward, as well as change the criteria and conditions of the campaign, including its nature, and/or cancel it, at any time, without justification. In case of a user not accepting the Reward, for any reason, Holyheld may decide, at its sole discretion, to grant the Reward to any other Holyheld User. Rewards are limited to one Reward per Holyheld verified User per campaign. Participants that have been rewarded in the past will not be eligible for future campaigns. ## 3. Campaigns Holyheld may at any time announce the launch of different marketing campaigns, for the sole purposes of promoting the use of the platform and growth of the Holyheld community. These campaigns may be launched in any social media platforms or directly to verified Holyheld Users. Holyheld reserves also the right to choose any platform for any communications regarding the campaigns, as well as for the announcement of granting any Reward. ## 4. Indemnification All Holyheld verified Users agree to indemnify and hold harmless Holyheld from any and all liability for any claims, damages, or losses of any kind and to release all rights to bring any claim, action or proceeding against Holyheld arising out of, in connection with, or relating to: - the participation in any campaign - any copyright, trademark, or any other intellectual property-related infringement or cause of action arising from or related to the campaign, the Reward, or any advertising and marketing communications - any technical errors - any errors regarding the communication or administration of any campaign, including the launch terms, identifying or announcing any User or Winner, any technical or malfunction of computer systems, or on account of any technical problems. Users agree that Holyheld’s liability will be limited, in any case, to the value of the Reward. Holyheld shall not be held responsible if the campaign cannot take place, or if the Reward cannot be granted, namely due to delays, interruptions or failures due to any events outside of the control of Holyheld. The use of any automated technology to subvert the participation of any user is prohibited and any entries received by such means will be void. Holyheld reserves the right in its sole discretion to disqualify and exclude any User that is considered by Holyheld (i) to have tampered with the Participation on the Campaign; (ii) threaten or harass Holyheld, other User or the overall community; (iii) display defamatory contents or (iv) to be acting in violation of these and the General Holyheld Terms and Conditions. ## 5. Risks Users understand and acknowledge the risks associated with the holding and use of crypto assets. Holyheld shall not be held responsible, in any case, for any action of any User resulting in direct or indirect losses or any other, or resulting from the holding and use of crypto assets. ## 6. Cancellation Holyheld reserves the right to cancel the campaign at any time or to amend the terms and conditions, without prior notice without any justification. If, for any reason the campaign is not capable of running as planned by any reason outside of the control of Holyheld, in a way that may corrupts or affects the administration, security, fairness, integrity or proper conduct of the campaign, Holyheld reserves the right, in its sole discretion, to cancel, terminate, modify, or suspend the campaign entirely, or in part. ## 7. Miscellaneous The invalidity or unenforceability of any provision of these Terms and Conditions will not affect the validity or enforceability of any other provision. In the event that any provision of the Terms and Conditions is determined to be invalid or otherwise unenforceable or illegal, the other provisions will remain in effect and will be construed in accordance with their terms as if the invalid or illegal provision were not contained herein. Due to regulatory matters, some campaigns may not be available in your region. # Holyheld Cashback Rewards ## 1. Cashback Rewards You can earn and accumulate cashback rewards by spending with your holyheld card, claimable on-chain, that can be later used to off-ramp with the card. ## 2. Eligibility As an active and verified holyheld customer you are granted a percentage of your purchase amount spent with your holyheld card, credited back in your card in USDC as a reward. ## 3. Earning Cashback Rewards You earn cashback rewards on every purchase at different rates, depending on your holyheld card option: - holyheld classic 0.5%; - holyheld limited Edition 0.5%; - holyheld metal 1%. The cashback rewards are earned on every full cent spent on each purchase. The value of each purchase will be rounded down before Cashback rewards are calculated. cashback reward amounts earned will also be rounded to the nearest USDC unit. Cashback reward amounts are displayed and can only be claimed in USDC, through any supporting blockchain network. The cashback rewards calculation and accumulated amounts will be updated daily after the successfully completed transaction. The calculation will only be available after executing a transaction. ## 4. Redemption of Cashback Rewards You are able to claim your cashback rewards from within the holyheld application, by generating your own independent transaction. Cashbacks can be claimed partially or in full, considering the accumulated amount at the day of your claim after 30 days of each purchase. Cashback rewards shall be paid exclusively to the wallet you solely own and manage your holyheld card. No cashbacks will be earned on fees paid to holyheld, incoming funds or transfers, SEPA transfers, balance transfers, cash advances, purchases or exchange transactions outside holyheld and any amounts that are subsequently re-credited to your holyheld card account by way of refunds, or other types of credit of funds. If cashback rewards are earned on a transaction that is later refunded, those cashback rewards will be lost. ## 5. Expiration of Cashback Rewards Unless otherwise stated, cashback rewards will not expire if not redeemed while your holyheld account is active. ## 6. Changes to the Program Holyheld reserves the right to modify, suspend or cancel the Program at any time, without notice. This includes, but is not limited to, changing the rate at which cashback rewards are credited to your holyheld card and altering redemption methods. ## 7. Miscellaneous Participation in the Program constitutes acceptance of these Terms & Conditions. Any misuse of The Program, as determined by holyheld in its sole discretion, may result in termination of the user t’s account and forfeiture of earned cashback rewards.