GrabrFi Stablecoin Transfer Terms
Last Updated: October 20th, 2025
These GrabrFi Stablecoin Transfer Terms ("Terms") govern your use of the stablecoin transfer functionality (the "Stablecoin Transfer Service" or "Service") made available through the GrabrFi platform operated by Grabr Inc.("Grabr," "we," or "us").
These Terms supplement and are incorporated into the GrabrFi Terms of Use, available at https://help.grabrfi.com/en/content/terms (the "Terms of Use"). If there is a conflict, these Terms control only for the Stablecoin Transfer Service.
Stablecoins supported by GrabrFi may include USDC, USDT, or other USD-backed tokens issued by third parties, each governed by its own issuer terms. GrabrFi does not itself provide money transmission and partners with licensed entities, including Bridge, to deliver this functionality.
By initiating or using the Stablecoin Transfer Service, you acknowledge that you have read, understood, and agree to be bound by these Terms, the Terms of Use, and the applicable Bridge entity terms based on your region, as detailed below:
United States: Bridge Building, Inc., a Delaware corporation and licensed money transmitter (NMLS ID 2450917);
European Union: Bridge Payments Europe Ltd, registered in Ireland and authorized to provide payment services within the EU;
Rest of the World: Bridge International Ltd, registered in the Cayman Islands, or another designated affiliate providing international stablecoin services.
The full list of Bridge entities and licenses is available at https://www.bridge.xyz/legal/overview.
Definitions
“Outgoing Stablecoin Transfer” means sending stablecoins from GrabrFi via Bridge to a supported on-chain address or partner account.
“Incoming Stablecoin Deposit” means funds you receive when a sender transfers supported stablecoins to a liquidation address assigned to you by Bridge, after which Bridge settles the USD proceeds to your GrabrFi checking account via ACH.
“Liquidation Address” means a blockchain deposit address issued by Bridge for your use that is controlled by Bridge or its sub-custodians. You do not control the private keys.
“Same Day ACH” means ACH credits that are submitted and settled on the same business day, subject to NACHA windows, bank cut-off times, screening, and reviews.
“Supported Asset” means a stablecoin and network combination that we list as supported in-app. Support may change at any time.
1. Description of the Service
The Service enables eligible users to:
(a) Outgoing Stablecoin Transfers. Funds are first received via ACH transfer from your GrabrFi USD checking account balance and then converted and transmitted on-chain by Bridge or its regulated sub-custodians.
(b) Incoming Stablecoin Deposits. Receive supported stablecoins sent by third parties to your Bridge-issued liquidation address. Bridge liquidates received assets and routes USD to your GrabrFi checking account via Same Day ACH when available.
We may add or remove Supported Assets and networks at any time. Processing is provided by Bridge or its affiliates under applicable licenses. You do not hold a personal blockchain wallet in the Service and you do not control private keys for liquidation addresses.
All transfers are processed through Bridge or one of its affiliated legal entities, depending on your jurisdiction, which operate as licensed money transmitters or virtual asset service providers.
You do not hold a digital wallet or private key, and you cannot directly send, receive, or manage Stablecoins outside of the GrabrFi interface.
2. Relationship Between Parties
Grabr provides the front-end interface and user authorization system for Stablecoin transfers.
Bridge and its regional affiliates provide custody, conversion, and blockchain transmission under their respective licenses.
By initiating a Stablecoin transfer, you:
Authorize Grabr to share your transaction data and identity information with the applicable Bridge entity;
Authorize Bridge to process and execute the on-chain portion of your transaction;
Agree to Bridge’s applicable terms, and acknowledge that all applicable fees for the Stablecoin Transfer Service are determined solely by Grabr and are detailed in the GrabrFi Fee Schedule.
Understand that nothing in these Terms creates a joint venture, partnership, or agency relationship between you and Bridge.
For Incoming Stablecoin Deposits, you authorize Bridge to receive and liquidate assets sent to your liquidation address and to settle USD to your GrabrFi checking account via ACH. You authorize Grabr to receive settlement information from Bridge in order to credit your account.
3. Eligibility and Compliance
To access the Stablecoin Transfer Service, you must:
Have a verified GrabrFi account in good standing;
Complete all required Know Your Customer (KYC) and Anti-Money Laundering (AML) verification steps;
Not be a resident of, or located in, a sanctioned or restricted jurisdiction (as defined by OFAC, the EU, or other applicable laws); and
Use the Service solely for lawful purposes.
GrabrFi and Bridge may require ongoing re-verification or additional documentation as regulations evolve. You may not use the Service for high-risk or prohibited activity such as gambling, money laundering, or unlicensed exchange services. We reserve the right to deny, suspend, or terminate your access to the Service if we believe your activity violates law, sanctions, or Grabr’s compliance policies.
4. Funding, Receipt, Conversion, and Settlement
4.1 Outgoing Stablecoin Transfers
Funding. You may fund a Stablecoin transfer exclusively via ACH transfer from your GrabrFi USD checking account balance.
Settlement and Conversion. Stablecoins are not issued or transferred until the underlying fiat funds have cleared and settled. If a funding ACH is reversed after stablecoin transmission, Grabr reserves the right to debit your account or recover equivalent value.
Execution. Once cleared, Grabr and Bridge jointly initiate conversion and transmission of Stablecoins to the recipient’s designated on-chain address or partner account.
Delayed or Failed Transfers. Grabr and Bridge may delay or reject transfers if:
ACH funding fails or is returned;
Regulatory review is pending;
Blockchain network congestion or instability occurs; or
The recipient address is invalid or unsupported.
4.2 Incoming Stablecoin Deposits
Receipt. A sender may transfer Supported Assets to your Bridge-issued liquidation address. You do not control this address or its private keys.
Crediting Logic. Bridge liquidates received assets and settles USD to your GrabrFi checking account via Same Day ACH when available. Settlement timing depends on blockchain confirmations, compliance screening, ACH windows, and bank cut-off times.
Unsupported or Incorrect Deposits. Deposits of unsupported assets or on unsupported networks may be delayed, rejected, or lost. We are not liable for deposits sent with incorrect network, memo, or tag information.
Screening and Holds. We may place deposits on hold or refuse settlement if required by law, sanctions, or risk policies.
ACH Returns. If an ACH settlement is returned or reversed, we may place a hold on credited funds or reverse the credit.
5. No Wallet or Custody Rights
You acknowledge and agree that:
You do not have access to any private keys or blockchain wallets used for execution;
Stablecoins are custodied and transmitted by Bridge or its regulated sub-custodians on your behalf;
Custody of digital assets is provided in accordance with applicable laws and may be held in omnibus accounts together with other users’ funds;
You do not have a direct claim to specific blockchain addresses or tokens;
Grabr and Bridge hold and process digital assets in pooled accounts for operational efficiency.
You further agree that Stablecoins held on your behalf are not insured by the FDIC or SIPC, and do not accrue interest or yield.
Liquidation addresses are omnibus addresses controlled by Bridge or its sub-custodians. Assets sent to a liquidation address are not held in a user-controlled wallet and may be co-mingled for operational efficiency until liquidation and settlement complete.
6. Fees and Exchange Rates
General. You agree to pay all fees and spreads shown in-app before a transaction. Fees may vary by asset, network, or amount and can change at any time.
Outgoing Stablecoin Transfers. USD from your GrabrFi account is converted to the selected stablecoin at the Currency Conversion Rate displayed in-app at confirmation. The rate includes any spread and is valid only during the rate-lock period.
Our service fee covers Bridge network execution, gas costs, and processing. Third-party wallets or exchanges may apply additional fees outside our control.
Incoming Stablecoin Deposits. Stablecoins sent to your liquidation address are liquidated to USD by Bridge at the market rate at the time of conversion. A Currency Conversion Rate is not shown in advance.
We may deduct a processing fee before crediting your GrabrFi account. Network fees for sending to the liquidation address are paid by the sender.
Updates. Current fees and rate details are shown in-app. Continued use of the Service after updates means you accept any new terms.
7. Transaction Limits
We may impose limits on outgoing transfers and incoming deposits, including per-transaction, daily, monthly, and rolling limits that vary by profile, region, and verification level.
Limits may differ by user profile, region, and verification level, and may change without prior notice for security or compliance reasons.
8. Irreversibility and User Responsibility
Outgoing transfers. Once a Stablecoin transfer has been broadcast to a blockchain network, it is final and irreversible.
You are solely responsible for:
Verifying the recipient address or account prior to initiating the transfer;
Ensuring the recipient platform or wallet supports the chosen Stablecoin and network;
Bearing any loss arising from incorrect information or unsupported destinations.
If you believe a transaction was unauthorized or incorrect, you must contact GrabrFi Support within ten (10) business days of the transaction. GrabrFi will make commercially reasonable efforts to assist, but cannot guarantee recovery of funds once submitted to the blockchain.
Grabr and Bridge do not guarantee retrieval or reversal of funds for transactions sent to incorrect or incompatible addresses.
Incoming Deposits. Incoming deposits are credited only after blockchain confirmations and screening. Credits can be delayed or reversed if the ACH leg is returned or if we later determine that the deposit violated law or policy. You are responsible for sharing only your Bridge-issued liquidation address and for confirming that the sender uses a Supported Asset and network. We cannot guarantee recovery of assets sent to an incorrect, expired, or unsupported address.
9. Compliance, Monitoring, and Suspension
We and Bridge continuously monitor transactions for suspicious, prohibited, or unusual activity.
We may, without prior notice:
Delay, freeze, or cancel a transfer;
Request additional verification or documentation; or
Report activity to competent authorities.
We may share information about suspicious activity with law enforcement, regulators, or partner financial institutions. You acknowledge that compliance checks may introduce processing delays or cancellations.
We may delay or block settlement of incoming deposits pending sanctions, AML, fraud, or other reviews. Where required, we may return or refuse ACH credits or blockchain receipts.
10. Risks and Disclaimers
By using the Service, you acknowledge and accept the following risks:
Blockchain Risks: Network congestion, smart contract failures, and forks may delay or prevent settlement.
Regulatory Risks: Stablecoin use and regulation may change, impacting availability or legality.
Market Risks: Value of stablecoins may deviate temporarily from 1 USD.
Technology Risks: Unauthorized access, system outages, or cyberattacks may impact execution.
Issuer and Network Risks: Grabr and Bridge are not responsible for losses arising from stablecoin issuers, network validators, or blockchain protocol failures.
You should not use the Service unless you understand and accept these risks. Grabr provides the Service “as is” and “as available” without warranties of any kind.
11. Limitation of Liability
To the fullest extent permitted by law:
Grabr’s total liability for any claim arising out of a Stablecoin transfer shall not exceed the total transaction amount (excluding fees);
Grabr shall not be liable for indirect, incidental, consequential, or punitive damages, including loss of profits, data, or access;
Grabr and Bridge are not liable for losses arising from issuer insolvency, de-pegging events, or external network failures;
You assume all risk associated with your use of blockchain networks.
Nothing in this section limits any liability that cannot be excluded under applicable law.
12. Service Suspension or Termination
We may suspend or discontinue the Stablecoin Transfer Service:
At any time and for any reason;
If required by law or regulatory authority;
For maintenance, fraud investigation, or security review.
If the Service is discontinued, Grabr will use reasonable efforts to settle pending transfers or refund undelivered funds. Certain transactions may remain pending until blockchain confirmation is achieved.
13. Tax Responsibility
You are solely responsible for determining and fulfilling any tax obligations arising from your use of the Stablecoin Transfer Service, including reporting income, gains, or losses to applicable authorities.
You acknowledge that stablecoin transactions may have tax implications in your country of residence. Grabr may provide transaction records to assist with reporting but is not obligated to do so.
14. Modifications
Grabr may update these Terms from time to time. Updated versions will be posted at help.grabrfi.com, and the "Last Updated" date will be revised accordingly.
Material changes will be communicated via email or in-app notification at least thirty (30) days before taking effect, where required by law.
Your continued use of the Service after any update constitutes acceptance of the modified terms.
15. Governing Law and Dispute Resolution
These Terms are governed by the same governing law, venue, and dispute resolution procedures set forth in the GrabrFi Terms of Use.
16. Contact Information
For questions about these Terms or the Stablecoin Transfer Service, contact us at:
[email protected] or via the in-app support chat.
17. Prohibited Uses
You agree not to use the Service for any activity that is illegal, violates sanctions, or is otherwise prohibited by GrabrFi or Bridge policies, including but not limited to: mixing/tumbling services; unlicensed money services or exchanges; terrorist financing; fraud; market manipulation; gambling where prohibited; ransomware; and transactions with addresses identified as high‑risk or sanctioned.
18. User Representations and Warranties
You represent and warrant that: (a) all information you provide is accurate and complete; (b) you are the lawful owner of the funds used to initiate transfers; (c) you are not subject to sanctions or located in a restricted jurisdiction; (d) you will use the Service only for lawful purposes and in compliance with these Terms; and (e) you understand the irreversible nature of blockchain transactions.
19. Third‑Party Terms (Issuers and Recipients)
Stablecoins are issued by third parties under their own terms and disclosures. Your use of any stablecoin is subject to the applicable issuer’s terms (e.g., Circle for USDC, Tether for USDT). Recipient platforms and wallets are third parties and may have their own terms and fees. Grabr is not responsible for third‑party terms or performance.
20. Availability; Geographic Restrictions
The Service may be unavailable in certain countries, regions, or to certain users based on legal, regulatory, or risk considerations. Grabr may restrict or disable the Service for specific jurisdictions, users, assets, or networks without prior notice where required by law or policy.
21. Miscellaneous
Assignment. You may not assign or transfer these Terms without Grabr’s prior written consent. Grabr may assign these Terms in connection with a merger, acquisition, or corporate reorganization.
Severability. If any provision is found unenforceable, the remaining provisions remain in full force.
No Waiver. A failure to enforce any right is not a waiver of future enforcement.
Force Majeure. Grabr is not liable for delays or failures caused by events beyond its reasonable control, including acts of God, labor disputes, cyber incidents, network failures, or governmental actions.
Survival. Sections 5–12 and 17–21 survive termination of the Service.
Acknowledgment
By initiating a Stablecoin transfer, you acknowledge that you have read, understood, and agree to:
These GrabrFi Stablecoin Transfer Terms;
The GrabrFi Terms of Use; and
The applicable Bridge entity terms and policies.