Risk Disclosure

Last updated: July 2, 2026

Crypto-assets and the services built on them carry significant risk. You may lose some or all of your funds. Read this before using Furlpay. This is a plain-language summary, not an exhaustive list, and is not investment advice.

1. Market & volatility risk

The value of crypto-assets can move sharply and without warning. Stocks and ETFs accessed through Furlpay can lose value. Past performance is not indicative of future results.

2. Stablecoin de-peg risk

Stablecoins such as USDC and EURC aim to hold a stable value but can lose their peg due to issuer, reserve, market or regulatory events. A de-peg can affect balances, card settlement and yield.

3. Not bank deposits — no deposit insurance

Furlpay is not a bank. Crypto-asset balances are not covered by FDIC, FSCS or any government deposit insurance scheme. Fiat balances are held with licensed partners subject to their own terms.

4. Smart-contract & network risk

• On-chain transactions are irreversible; funds sent to a wrong address are typically unrecoverable.
• Smart contracts (Safe accounts, yield vaults, escrow) may contain bugs or be exploited.
• Blockchains (Solana, Base) can experience congestion, outages or re-orgs.

5. Credit & liquidation risk

The portfolio-backed credit line is collateralized by your assets. If your collateral value falls relative to your borrowed amount, some or all of your collateral may be liquidated to repay the loan, potentially at an unfavorable time and price.

6. Self-custody & access risk

You hold one share of your 2-of-2 MPC key. Loss of your device and all recovery methods can result in permanent loss of on-chain funds.

7. Agentic payment risk

When you authorize an AI agent to transact via x402 or MCP, it can move funds within the limits you set. Misconfigured budgets or allowlists can lead to unintended spend. See the Agent Terms of Use.