tether.dev
TETHER GRANT AND BOUNTY APPLICATION TERMS AND CONDITIONS

Last updated April 1, 2026

What’s in these terms?

These Terms tell you the rules for submitting an application for a grant or bounty (a “Grant or Bounty Application”) under the Tether Grant and Bounty Program (as defined below).

These Terms should be read in conjunction with the privacy statement for the Tether Grant and Bounty Program (the “Privacy Statement”). In the event of any conflict or inconsistency between these Terms and any other pages, policies, terms, conditions, licenses, limitations, or obligations contained referenced in these Terms, or any other agreements between you and us or third parties, these Terms shall prevail as they relate to your submission of a Grant or Bounty Application.

These Terms were last updated on April 1, 2026.

Click on the links below to go straight to more information on each area:

• Who we are and how to contact us
• Description of the Tether Grant and Bounty Program
• We may make changes to the Terms
• We may make changes to the Tether Grant and Bounty Program or Grant or Bounty Application process
• We may suspend or cancel the Tether Grant and Bounty Program
• We may transfer these Terms to someone else
• The Tether Grant and Bounty Program is not for certain individuals
• We may require additional information
• We have sole discretion for Grant or Bounty Application consideration
• Tether Grant and Bounty Agreement
• Intellectual property
• Confidential information
• Representations and warranties
• Disclaimer
• Indemnity
• Our responsibility for loss or damage suffered by you
• General (including mandatory arbitration)

1. Who we are and how to contact us

The Tether Grant and Bounty Program is made available by Tether Operations, S.A. de C.V. (“Tether”), with an address at Colonia Escalón, 87 Avenida Norte, Calle el Mirador, Edificio Torre Futura, Oficina 06, Nivel 11, San Salvador, El Salvador. To contact us, please email grants@tether.io

2. Description of the Tether Grant and Bounty Program

Tether’s grant and bounty program is designed to encourage the development, acceleration or commercialization of innovative technology with a focus on enhancing the security, performance, and capabilities of peer-to-peer, artificial intelligence, digital wallets, and Bitcoin mining infrastructure technologies (the “Tether Grant and Bounty Program”, and any such grant or bounty, a “Grant or Bounty”) via the Tether Grant and Bounty Program website located at www.tether.dev/grants (the “Tether Grant and Bounty Program Site”) (or other method designated by Tether).

3. We may make changes to the Term

We amend these Terms from time to time. When we do this, we will post the revised Terms on this page and indicate the date of such amendments. Your submission of any Grant or Bounty Application or your continued participation in the Tether Grant and Bounty Program will constitute your agreement to the revised Terms.

4. We may make changes to the Tether Grant and Bounty Program or Grant or Bounty Application process

We may update and change the Tether Grant and Bounty Program or the Grant or Bounty Application process from time to time and without notice to you.

If you provide feedback or suggestions about the Tether Grant and Bounty Program or the Grant or Bounty Application process or any materials or information related thereto, then we may act on that feedback or those suggestions on an unrestricted basis and without any obligations to you (including any obligation to compensate or give attribution to you or to keep that feedback confidential).

5. We may suspend or cancel the Tether Grant and Bounty Program

We do not guarantee that the Tether Grant and Bounty Program or any materials or information available through it will always be available or uninterrupted. We may suspend or cancel all or any part of the Tether Grant and Bounty Program for any reason.

6. We may transfer these Terms to someone else

These Terms, and any of the rights, duties, and obligations contained or incorporated herein, are not transferable by you without our prior written consent, and any attempt by you to transfer these Terms without such consent will be void.

We are permitted to transfer (or assign) these Terms and any of the rights, duties, and obligations contained herein, in whole or in part, to another organisation without notice or your consent.

7. The Tether Grant and Bounty Program is not for certain individuals

You may only submit a Grant or Bounty Application if (“Eligibility Requirements”):

(a) you are over 18 years old or, if higher, the age of majority in the jurisdiction in which you reside at the time of submission of the Grant or Bounty Application;

(b) if you are representing an entity, (i) such entity is duly organized and validly existing under the applicable laws of the jurisdiction of its organization; and (ii) you, the individual submitting the Grant or Bounty Application, are duly authorized by such entity to act on its behalf;

(c) your participation in the Tether Grant and Bounty Program would not be in violation of any national, state, or local law or regulation applicable to you;

(d) you are not a resident, government or government official of any of (each of the following, a “Prohibited Jurisdiction”): (i) a jurisdiction subject to a comprehensive embargo by the British Virgin Islands, El Salvador, the United States, or the United Nations, which comprise as of the date of these Terms, Iran, the Democratic People’s Republic of Korea (“North Korea”), Cuba, Syria, Crimea (a region of Ukraine annexed by the Russian Federation), the self-proclaimed Donetsk People’s Republic (a region of Ukraine), the self-proclaimed Luhansk People’s Republic (a region of Ukraine), Kherson (a region of Ukraine) and Zaporizhzhia (a region of Ukraine), including any government or government official of those jurisdictions; or (ii) a high risk jurisdiction subject to a call for action by the FATF to apply countermeasures or enhanced due diligence measures, which comprise as of the date of these Terms, Iran, Myanmar and North Korea;

(e) you comply with all of the Tether Grant and Bounty Program guidelines and instructions located on the Tether Grant and Bounty Program Site;

(f) you comply with all due diligence requirements of Tether, including related to anti-money laundering and anti-terrorist financing, and successfully pass Tether’s Know Your Customer (“KYC”) requirements, as applicable, according to standards and processes determined in the sole discretion of Tether;

(g) you are not, and do not use any digital tokens address that is: (i) specifically listed in any Sanctions List (defined below); (ii) directly or indirectly owned 50 percent or more by any person or group of persons in the aggregate, or a digital tokens wallet associated with such person or persons, referred to in any Sanctions List, or government or government official of any Prohibited Jurisdiction; or (iii) otherwise sanctioned, restricted or penalized under applicable (1) financial sanctions, trade embargoes, export or import controls, anti-boycott, and restrictive trade measures enacted, administered, enforced, or penalized by any laws applicable to either Tether or you, or (2) anti-money laundering and counter-terrorist financing laws (“Sanctions List” means the “Specially Designated Nationals and Blocked Persons” (“SDN”) List and the Non-SDN List, including the “Sectoral Sanctions Identifications List”, published by OFAC; the Section 311 Special Measures for Jurisdictions, Financial Institutions, or International Transactions of Primary Money Laundering Concern published by FinCEN; and, any other foreign terrorist organization or other sanctioned, restricted, or debarred party list published by the FIA, or under Economic Sanctions, AML, or CTF Laws of or by governments of the United States, El Salvador the British Virgin Islands, the United Nations, or any other jurisdiction or government, as applicable to you, Tether, or the Tether Grant and Bounty Program, each as amended, supplemented, or substituted from time to time);

(h) you have not falsified any due diligence, KYC or other application details provided to Tether; and

(i) you are not acting for the benefit of any person who does not meet the requirements set forth in clauses (a) to (h) above.

8. We may require additional information

At any point during the application process, we may request additional information from you in respect of the Grant or Bounty Application, including but not limited to information to: (a) confirm your identity; (b) validate the accuracy of the information provided by you; (c) ensure compliance with applicable laws or regulations, or (d) address concerns or questions we may have. You will respond to any requests for additional information promptly. Delays in your response may be subject the Grant or Bounty Application to delays or rejection.

9. We have sole discretion for Grant or Bounty Application consideration

We will determine, in our sole discretion, whether to consider a Grant or Bounty Application, and we may accept or reject your Grant or Bounty Application in our sole discretion, acting reasonably or unreasonably. You acknowledge and agree that we may not notify you if we reject a Grant or Bounty Application. We will not be liable for any losses, damages or costs incurred by you in the event of a Grant or Bounty Application’s rejection.

10. Tether Grant and Bounty Agreement

If we accept your Grant or Bounty Application, we will notify you of such acceptance and you will be required to enter into a written agreement with us in order to participate in the Tether Grant and Bounty Program (a “Tether Grant and Bounty Agreement”).

11. Intellectual property

11.1. Your materials. You hereby grant to Tether a non-exclusive, irrevocable, perpetual, worldwide, royalty-free, fully paid-up, sublicensable right and license to use, reproduce, modify, distribute, display, publish, perform, transmit and access the Grant or Bounty Application and any other documentation, intellectual property or materials that you provide to Tether in connection with the Grant or Bounty Application, in any media formats, through any media channels or otherwise (collectively, “Your Materials”). You acknowledge and agree that nothing will stop us from developing or having developed materials, products, concepts that may be similar to or competitive to Your Materials. You own all right, title and interest in and to Your Materials.

11.2. Our Materials. We own all right, title and interest in and to any Tether products, services and other intellectual property and work products that we may make available to you in connection with the Tether Grant and Bounty Program or that is otherwise made available through the Tether Grant and Bounty Program Site.

12. Confidential information

12.1. Definitions. For the purposes of these Terms, “Confidential Information” of Tether means any and all information of Tether or any of its licensors that has or will come into the possession or knowledge of you in connection with or as a result of entering into these Terms. Tether’s Confidential Information includes any information concerning the business, affairs, operations, properties, assets (including, without limitation, technology and intellectual property), employees, customers, suppliers, contracts, prospects, liabilities, research, processes or methods of operation of Tether or its affiliates, as well as any reproductions, summaries, analyses or extracts of such information.

12.2. Confidentiality Covenants. You hereby agree that you will not, except to exercise your rights or perform your obligations under these Terms: (i) disclose Confidential Information of Tether to any person; (ii) use Confidential Information of Tether; or (iii) alter or remove from any Confidential Information of Tether any proprietary legend. You will take industry standard precautions and measures to safeguard Tether’s Confidential Information as may be reasonable in the circumstances to prevent improper use or disclosure of Tether’s Confidential Information, which will in any event be at least as stringent as the precautions that you take to protect your own confidential information of a similar type.

12.3. Return or Destruction. Upon Tether’s request, you will return or dispose of any tangible records of Tether’s Confidential Information as directed by Tether promptly and you will certify that it has returned or disposed of, as the case may be, all such Confidential Information.

13. Representations and warranties

13.1. Representations and Warranties. You represent and warrant to, and covenant with Tether that:

(a) the entering into, delivery and performance of these Terms have been duly and validly authorized and that these Terms will constitute a legal, valid and binding obligation enforceable in accordance with their terms;

(b) all information submitted to us, including the Grant or Bounty Application, is accurate and complete;

(c) none of Your Materials, including marks, trademarks, names and logos contained therein, infringes, violates or misappropriates the rights, including intellectual property rights, of any third parties; and

(d) you meet all of the Eligibility Requirements.

14. Disclaimer

We make no representations, warranties, covenants or guarantees to you of any kind and, to the extent permitted by applicable laws, we expressly disclaim all representations, warranties, covenants or guarantees, express, implied or statutory, with respect to the Tether Grant and Bounty Program, including all Grant or Bounty Applications. The Tether Grant and Bounty Program, the Tether Grant and Bounty Program Site and any Tether Materials you may have access to in connection with the Tether Grant and Bounty Program are provided strictly on an as-is, where-is basis and, without limiting the generality of the foregoing, is provided without any representation, warranty or condition: (a) the Tether Grant and Bounty Program Site will be uninterrupted or error-free or that any errors will be corrected; (b) any Grant or Bounty Application will be evaluated or accepted by us; or (c) you will profit or derive any economic benefit from your submission of a Grant or Bounty Application or participation in the Tether Grant and Bounty Program.  

15. Our responsibility for loss or damage suffered by you

We do not exclude or limit our liability to you where it would be unlawful to do so. This includes liability for death or personal injury caused by our negligence or the negligence of our employees, agents or subcontractors and for fraud or fraudulent misrepresentation. In addition, some jurisdictions do not allow us to exclude or limit our liability as described in this paragraph. If you are located in one of these jurisdictions, this paragraph may not apply to you and you may have additional rights.

To the fullest extent permitted by applicable law, we exclude all implied conditions, warranties, representations or other terms that may apply to the Tether Grant and Bounty Program, including any Grant or Bounty Application, or any materials or information available through it.

To the fullest extent permitted by applicable law, in no event will our liability to you for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable or if we are informed of the possibility of such loss or damage, arising under or in connection with these Terms, your submission of any Grant or Bounty Application or your use of any materials or information available through the Tether Grant and Bounty Program, exceed US$100.

To the fullest extent permitted by applicable law, we will not be liable to you for the following, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable or advised of the possibility thereof:

(a) personal injury or death;

(b) loss of profits, sales, business, or revenue;

(c) business interruption;

(d) loss of anticipated savings;

(e) loss of business opportunity, goodwill or reputation; or

(f) any indirect or consequential loss or damage.

16. Indemnity

You will defend, indemnify and hold harmless Tether, our affiliates, and our employees, officers, directors, affiliates, agents, contractors, successors, and assigns against any and all damages, fines, penalties, deficiencies, losses, liabilities (including settlements and judgments), costs, and expenses (including interest, court costs, reasonable fees and expenses of lawyers, accountants, and other experts and professionals, or other reasonable fees and expenses of litigation or other proceedings or of any claim, default, or assessment) directly or indirectly arising from or in connection with your activities or conduct related to any Grant or Bounty Application, including the submission of any Grant or Bounty Application, Your Materials, or any information, documentation or other materials related thereto, including claims that any such information, documentation or other materials infringe the rights, including privacy or intellectual property rights, of any third party. You will not settle any such claim without our prior written consent.

17. General (including mandatory arbitration)

17.1. Entire agreement. These Terms constitute the entire agreement between you and Tether and supersede any prior agreements between you and Tether.

17.2. Governing law. These Terms shall be governed by and construed and enforced in accordance with the laws of the British Virgin Islands and shall be interpreted in all respects as a British Virgin Islands contract. Any transaction, dispute, controversy, claim or action arising from or related to any Grant or Bounty Application or these Terms shall be governed by the laws of the British Virgin Islands, exclusive of choice-of-law principles.

17.3. Force majeure. We are not responsible for damages caused by delay or failure of Tether to perform undertakings under these Terms when the delay or failure is due to fires; strikes; floods; power outages or failures; acts of God or the state’s enemies; disease pandemics; acts of any government or government official; computer, server, protocol or internet malfunctions; internet disruptions, viruses, and mechanical power, or communication failures; security breaches or cyberattacks; criminal acts; delays or defaults caused by common carriers; acts or omissions of other persons; or, any other delays, defaults, failures or interruptions that cannot reasonably be foreseen or provided against by us or that are otherwise outside of our control (“Force Majeure Events”). We are excused from any and all performance obligations under these Force Majeure Events.

17.4. Mandatory arbitration. Some jurisdictions do not allow mandatory arbitration, prohibitions against class actions or governing law and forums other than where the individual consumer is located. If you are resident in one of these jurisdictions, this paragraph 17.4 may not apply to you and you may have additional rights.

Except for excluded claims described below, you and we each agree that any dispute, claim or controversy arising out of or relating to (a) these Terms or the existence, breach, termination, enforcement, interpretation or validity thereof, or (b) any Grant or Bounty Application, will be subject to and finally resolved by confidential, binding arbitration and not in a class, representative or consolidated action or proceeding. If you are subject to the laws of the United States of America, the interpretation and enforceability of this arbitration provision will be governed by the Federal Arbitration Act, 9 U.S.C. §§ 1 et seq. Arbitration will be conducted through the use of videoconferencing technology (unless both arbitration parties agree that an in-person hearing is appropriate given the nature of the dispute) before a single arbitrator in accordance with the International Institute for Conflict Prevention and Resolution International Non-Administered Arbitration Rules, as amended from time to time (the “CPR Rules”). The sole arbitrator selected by the arbitration parties must be a licenced attorney in England and Wales or the British Virgin Islands with at least fifteen (15) years of experience in commercial disputes. If the arbitration parties do not jointly appoint the arbitrator within thirty (30) days of the commencement of the arbitration, any vacancies will be filled by an arbitrator meeting the above qualifications selected by the International Institute for Conflict Prevention and Resolution. Judgment upon the award rendered by the arbitrator may be entered by any court having jurisdiction thereof. If the arbitral parties do not promptly agree to the seat of arbitration if an in-person hearing is selected, the seat will be London, United Kingdom. The language of the arbitral proceedings will be English. The arbitrator may award any relief that a court of competent jurisdiction could award, including attorneys’ fees when authorized by law, and the arbitral decision may be enforced in court. For claims less than $15,000, we will reimburse you for all initiating filing fees. Should you be deemed the losing party, the filing fees reimbursed by us will be added to the final arbitrator’s costs and fees award. The prevailing party will be entitled to its costs of the arbitration (including the arbitrator’s fees) and its reasonable attorney’s fees and costs.

The following claims and causes of action will be excluded from arbitration as described in the paragraphs above: causes of action or claims in which either party seeks injunctive or other equitable relief for the alleged unlawful use of its intellectual property, including without limitation copyrights, trademarks, trade names, trade secrets, or patents or its confidential information or private data. Nothing in this paragraph 17.4 will prevent us from seeking any other form of injunctive relief in any court of competent jurisdiction, whether or not interim relief has also been sought from the arbitrator.

The arbitrator will have the power to hear and determine challenges to its jurisdiction, including any objections with respect to the existence, scope or validity of the arbitration agreement. This authority extends to jurisdictional challenges with respect to both the subject matter of the dispute and the parties to the arbitration. Further, the arbitrator will have the power to determine the existence, validity, or scope of the contract of which an arbitration clause forms a part. For the purposes of challenges to the arbitrator’s jurisdiction, each clause within this paragraph will be considered separable from any contract of which it forms a part. Any challenges to the jurisdiction of the arbitrator, except challenges based on the award itself, will be made not later than the notice of defense or, with respect to a counterclaim, the reply to the counterclaim; provided, however, that if a claim or counterclaim is later added or amended such a challenge may be made not later than the response to such claim or counterclaim as provided under CPR Rules.

You and we expressly intend and agree that: (a) class action and representative action procedures are hereby waived and will not be asserted, nor will they apply, in any arbitration pursuant to these Terms; (b) neither you nor we will assert class action or representative action claims against the other in arbitration or otherwise; (c) each of you and us will only submit our own, individual claims in arbitration and will not seek to represent the interests of any other person, or consolidate claims with any other person; (d) nothing in these Terms will be interpreted as your or our intent to arbitrate claims on a class or representative basis; and (e) any relief awarded to any one person that submitted a Grant or Bounty Application cannot and may not affect any other such person. No adjudicator may consolidate or join more than one person’s claims or otherwise preside over any form of a consolidated, representative, or class proceeding.

You, we and any other arbitration parties will maintain the confidential nature of the arbitration proceeding and any award, including the hearing, except as may be necessary to prepare for or conduct the arbitration hearing on the merits, or except as may be necessary in connection with a court application for a preliminary remedy, a judicial challenge to an award or its enforcement, or unless otherwise required by law or judicial decision.

JURY TRIAL WAIVER: TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU AND WE HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING OF ANY KIND WHATSOEVER ARISING OUT OF OR RELATING TO THESE TERMS OR ANY BREACH THEREOF, ANY GRANT OR BOUNTY APPLICATION AND/OR ANY OTHER MATTER INVOLVING YOU AND US.

17.5. Severability. If an adjudicator of competent jurisdiction finds any provision of these Terms to be (or are otherwise) invalid, you nevertheless agree that the adjudicator should endeavour to give effect to the parties’ intentions as reflected in the provision, and the other provisions of these terms shall remain in full force and effect.

17.6. Waiver; available remedies. If you breach these Terms and we choose to ignore your breach, we shall still be entitled to use our rights and remedies at a later date or in any other circumstances where you breach these Terms again. Our and our affiliates’ remedies are cumulative and not exclusive of any other remedy conferred by the provisions of these Terms, or by law or equity.

17.7. Electronic communications; acceptance. You agree and consent to receive electronically all communications, agreements, documents, receipts, notices and disclosures that we may provide in connection with these Terms through publication on any part of the Tether Grant and Bounty Program Site. Such notices shall be deemed effective and received by you on the date on which the notice is published on any part of the Tether Grant and Bounty Program Site. These Terms may be accepted electronically, and it is the intention of the parties that such acceptance shall be deemed to be as valid as an original signature being applied to these Terms.