1. Regulatory and legal risk
The legal and regulatory treatment of stablecoins, tokenised assets, payment services, digital assets, custody, cross-border transfers and related activities differs by jurisdiction and may change. INRC is intended as a private-sector INR-denominated settlement instrument; it is not presented as sovereign currency, RBI-issued money or e₹. Availability of any DISL or INRC service depends on the applicable legal structure, licences or permissions, eligibility rules and jurisdictional requirements.
2. Issuer, reserve and redemption risk
Where an INRC issuance and redemption framework is activated, users depend on the relevant issuer, reserve arrangements, custody structure, banking relationships and authorised redemption channels. The intended INR reference does not by itself guarantee that INRC will trade at exactly INR 1 on every venue or at every time. Redemption rights and procedures are subject to the governing documentation and applicable law.
3. Secondary-market and liquidity risk
INRC may have limited or no secondary-market liquidity on particular platforms. Market prices can differ from the reference value. A user may be unable to sell, transfer or redeem an asset at a desired time, price or venue.
4. Blockchain and network risk
Supported blockchain networks may experience congestion, outages, forks, reorganisation, validator or consensus failures, software defects, smart-contract vulnerabilities or changes to network rules. A network event can delay, restrict or permanently prevent a transfer. Cross-chain activity introduces additional bridge, messaging and interoperability risks.
5. Technology and cybersecurity risk
DISL infrastructure may depend on software, APIs, wallets, identity systems, custody technology, cloud infrastructure and third-party services. Bugs, cyberattacks, compromised credentials, malicious transactions or operational failures can cause loss, delay or incorrect settlement. Security controls reduce risk but cannot eliminate it.
6. Custody and counterparty risk
Assets or fiat backing associated with a settlement instrument may be held with banks, custodians or other service providers. Failure, insolvency, operational disruption, fraud or legal action affecting a provider may affect access to assets or settlement services.
7. Compliance and transaction restrictions
Transactions may be screened, delayed, rejected, frozen or reversed where permitted or required by applicable law, sanctions requirements, risk controls, court orders, network rules or the governing product terms. Users may be required to provide identity, source-of-funds, beneficiary or other information.
8. Operational and third-party risk
Settlement may involve banks, payment providers, liquidity providers, blockchain networks, custodians, technology vendors and other counterparties. A failure or policy change by one participant can affect the wider transaction flow even when DISL systems remain operational.
9. Cross-border and FX risk
Cross-border transactions may be affected by foreign-exchange rates, capital controls, payment rules, settlement cut-offs, intermediary banks, local licensing requirements and changes in sanctions or trade restrictions. Transaction economics can therefore differ from an initial quote or estimate.
10. Irreversibility and user responsibility
Blockchain transactions are often irreversible once confirmed. Sending digital assets to the wrong address, unsupported network or incorrect destination may result in permanent loss. Users are responsible for verifying destination details and following the applicable transaction instructions.
11. No investment recommendation
Nothing on this website, in the INRC Whitepaper or in DISL research should be understood as a recommendation to acquire, hold, sell or use any digital asset for investment purposes. Historical information, research observations or market data do not guarantee future outcomes.
12. No guarantee of continuity
Technology, products, supported networks, counterparties, jurisdictions and business models may change. A product or feature described on this website may be modified, paused or discontinued, subject to applicable agreements and law.
13. User due diligence
Before using a digital settlement product, users should assess their own legal, regulatory, tax, accounting, operational, technology and counterparty requirements and obtain professional advice where appropriate.