USDA Terms of Service
Last updated: July 2026 (draft)
1. Eligibility and account verification
USDA accounts are available to businesses that complete KYB verification, including beneficial-owner identification and sanctions screening. Atlas may refuse, suspend, or close accounts as required by law or its compliance program.
2. Minting and redemption
Verified account holders may mint USDA by wiring US dollars to their designated account and may redeem USDA for US dollars 1:1, subject to the published Redemption Policy, applicable fees, banking hours, and lawful holds.
3. No interest or yield
USDA pays no interest, yield, or reward of any kind. Reserve earnings fund issuer operations and are never distributed to holders.
4. Prohibited use
USDA may not be used for unlawful activity, sanctions evasion, or transactions with prohibited jurisdictions or persons. On-chain compliance controls may freeze or block addresses as required by law.
5. Escrow services
Atlas Escrow is governed by separate escrow terms presented at escrow creation, including milestone definitions, arbiter authority, and dispute procedures.
6. Limitation of liability and dispute resolution
To be drafted by counsel: governing law, arbitration provisions, liability caps, and force majeure.