Terms of Service

Last updated: July 3, 2026

These terms govern your use of the USDC → TEXITcoin bridge (the "Bridge"), which lets you lock USDC on Ethereum and mint a 1:1-backed wrapped token ("wUSDC") on the TEXITcoin Omni Layer 2, and redeem in reverse. By using the Bridge you agree to these terms.

1. Non-custodial use

The Bridge is a tool. You are solely responsible for your wallets, private keys, seed phrases, and the accuracy of any address you provide. Transactions on public blockchains are irreversible. We cannot recover funds sent to a wrong or unsupported address.

2. The peg

Each wUSDC is intended to be backed 1:1 by USDC held in the bridge vault. Minting occurs only after your Ethereum deposit reaches the required confirmations. Redemption burns wUSDC before USDC is released. Reserve figures are published on the proof-of-reserves page.

3. Risks

  • Smart-contract, custodial, and cross-chain relayer risk.
  • USDC issuer risk (the Bridge does not control USDC or Circle).
  • Network congestion, fees, and delayed confirmations.
  • Regulatory changes affecting stablecoins or wrapped assets.

4. No warranty

The Bridge is provided "as is" without warranties of any kind. To the maximum extent permitted by law, we disclaim liability for any loss arising from your use of the Bridge.

5. Eligibility & compliance

You are responsible for ensuring your use of the Bridge is lawful in your jurisdiction. Do not use the Bridge if prohibited by applicable law or sanctions.

6. Changes

We may update these terms as the Bridge evolves. Continued use after changes constitutes acceptance.