Evolution Global Inc
Last Updated: March 2026
PRIVACY POLICY
TERMS OF SERVICE
Acceptable Use Policy
E-Sign & Electronic Communications Notice
STABLECOIN POLICY
This Stablecoin Policy (“Policy”) explains how Evolution Global Inc. ("Evolution") uses USDpegged stablecoins as part of its backend payment infrastructure to provide faster, more reliable cross-border settlement for users. This Policy applies to all Evolution users and is incorporated by reference into our Terms of Service.
Evolution is built on modern financial rails that combine traditional banking infrastructure (ACH, Fedwire, SEPA) with blockchain-based USD stablecoins to deliver faster settlement, reduced operational costs, and improved reliability for users in emerging markets. When you receive USD or EUR payments via ACH, Fedwire, or SEPA, or Naira via local bank transfer, or stablecoins directly from a blockchain network, Evolution's backend may convert or hold the economic value of those funds as USD-pegged stablecoins (primarily USDC and/or USDT). Your account balance, however, is always displayed as a USD balance. You do not interact directly with stablecoin wallets, private keys, or blockchain addresses.
Evolution currently supports the following USD-pegged stablecoins as backend settlement instruments:
• USDC (USD Coin): ", "Issued by Circle Internet Financial, regulated and audited, 1:1 backed by U.S. dollar-denominated reserves held in regulated financial institutions.
• USDT (Tether): ", "A widely adopted USD-pegged stablecoin used for global settlement. Evolution may use USDT on certain blockchain networks where liquidity and speed are optimal.
Evolution reserves the right to add or remove supported stablecoins or to change the stablecoin infrastructure providers it uses, provided that any such change does not alter the USD-equivalent value of user balances.
The following describes how incoming payments are processed and reflected in your Evolution account:
• USD via ACH/Fedwire: ", "Funds received on your virtual USD account details are settled into Evolution's custodial infrastructure and converted to USD stablecoins. Your balance is credited in USD equivalent.
• EUR via SEPA: ", "EUR payments received on your virtual EUR account details are converted to USD at the prevailing market rate and held as USD stablecoins. Your balance is credited in USD equivalent.
• Naira via Local Bank Transfer: ", "NGN received on your virtual Naira account is converted to USD at the applicable rate and credited to your USD balance.
• Direct Stablecoin Receipt (USDT/USDC): ", "Stablecoins sent directly to your Evolution account are received on-chain and credited to your USD balance at a 1:1 USD rate, net of applicable network fees.
• Local Currency Withdrawal (NGN and other supported currencies): When you initiate a withdrawal to a local bank account, Evolution converts the USD-equivalent stablecoin value to the target local currency at the prevailing rate and disburses the local currency amount to your nominated bank account. The stablecoin equivalent is redeemed or transferred on the backend; you receive local currency in your bank account.
All balances are displayed as USD regardless of the original currency or rail through which funds were received, given that USD stablecoins are pegged 1:1 to the U.S. dollar.
Evolution operates as a custodial intermediary. You do not hold, own, or control stablecoins directly. You hold a USD-denominated balance claim against Evolution, backed by stablecoin reserves held by our custodial partners. Evolution manages all blockchain interactions on your behalf. You are not exposed to private key management, wallet security, or direct blockchain transaction execution.
While USD-pegged stablecoins are designed to maintain a 1:1 peg to the U.S. dollar, users should be aware of the following risks:
• De-Peg Risk: ", "Stablecoins may, in extreme or unforeseen market conditions, temporarily or permanently lose their 1:1 peg to the U.S. dollar. Evolution monitors stablecoin reserves and peg stability and holds the right to take protective action—including switching to alternative assets or rails—in the event of a de-peg event.
• Smart Contract Risk: ", "Stablecoin infrastructure relies on blockchain smart contracts that may be subject to bugs or exploits. Evolution selects stablecoin providers with audited, battle-tested infrastructure to mitigate this risk.
• Regulatory Risk: ", "The regulatory treatment of stablecoins is evolving across multiple jurisdictions. Changes in applicable law may require Evolution to modify or discontinue aspects of its stablecoin-backed infrastructure. Evolution will notify users of any material changes affecting their balances.
• Issuer and Custodian Risk: ", "The value of stablecoin reserves depends on the financial soundness of the issuing entity and its custodians. Evolution monitors the reserve and compliance status of supported stablecoin issuers.
• Blockchain Network Risk: ", "Network congestion, protocol upgrades, or hard forks on underlying blockchains could cause temporary delays in settlement. Evolution provides alternative rails to mitigate user impact.
All stablecoin transactions processed through Evolution are subject to the same AML, KYC, and sanctions screening obligations as traditional fiat transactions. Evolution employs blockchain analytics tools to screen on-chain transactions for association with sanctioned addresses, mixer services, darknet markets, or other high-risk activity. Transactions flagged by these systems may be delayed, frozen, or rejected, and may be reported to relevant authorities.
Users must not attempt to use Evolution's Services to receive stablecoins from unlicensed exchanges, mixer/tumbler services, or addresses associated with known illicit activity.
Stablecoin transactions may incur network ("gas") fees that are assessed by the underlying blockchain protocol and are outside Evolution's control. Where applicable, Evolution will disclose any fees associated with stablecoin receipt or conversion prior to the completion of a transaction. Users will not be charged undisclosed fees in connection with stablecoin operations.
Evolution's stablecoin operations are structured in compliance with applicable financial regulations, including:
• U.S. Bank Secrecy Act (BSA) and FinCEN regulations governing money services businesses and virtual currency transmitters, including FIN-2019-G001;
• U.S. Office of Foreign Assets Control (OFAC) sanctions compliance requirements applicable to all transactions processed through Evolution's infrastructure;
• Applicable Nigerian regulations including CBN directives on virtual assets and the Money Laundering (Prevention and Prohibition) Act, to the extent applicable to Evolution's Nigerian user base;
• FATF Recommendations on Virtual Assets and Virtual Asset Service Providers (VASPs), to which Evolution aligns its compliance program.
Evolution continuously monitors regulatory developments in all jurisdictions where it operates and updates its compliance frameworks accordingly.
Evolution may update its stablecoin infrastructure, including the choice of stablecoin, blockchain network, or custodial partners, at any time. Material changes that could affect user balances or the USD equivalence of balances will be communicated with at least fourteen (14) days' advance notice. Non-material infrastructure changes may be made without prior notice.
For questions about this Stablecoin Policy or Evolution's use of stablecoin infrastructure, please contact:
Evolution Global Inc.
Email: hello@evolutionglobal.xyz
