3. Accessing Local Currency

Business owners often need to convert some of the digital assets they receive into local currency to cover everyday expenses, many of which cannot yet be paid with crypto. The process of selling digital assets and withdrawing funds to a bank account can be slow, complex and fragmented, involving multiple platforms, fee structures and transfer steps. This makes regular off-ramping impractical for routine use.

APPROACH

THAT aims to make this process more manageable by enabling users to connect with third-party, regulated service providers from within the THAT app.

The THAT app may include integrations or links to independent, licensed digital asset exchanges and other service providers that allow users to sell digital assets (including THAT) for local currency and withdraw the proceeds to bank accounts or other supported payout methods. Where such integrations are available, users can initiate a sale and withdrawal through a simplified interface, while remaining in full control of their own wallets.

These services are operated entirely by third-party providers. Users enter into a direct relationship with the relevant provider and are subject to that provider’s own terms, conditions, onboarding processes (including any identity verification), withdrawal limits and fee structures. The Company does not provide exchange, remittance or payment services, does not receive or hold users’ traditional currency as part of these transactions, and does not act as an agent or representative of any off-ramp provider.

Availability of any particular integration or off-ramp service will depend on independent third-party providers and applicable local requirements. The Company does not guarantee that any specific service, withdrawal method or jurisdiction will be supported, or that withdrawals will be available at any particular time.