<dl> <dt> About Paxful Stablecoin </dt> <dd> <p> The Paxful Stablecoin service is a referral mechanism that allows you, a qualifying Paxful user, to enter into a peer-to-peer transaction with a pre-selected third party company (the "Stablecoin Counterparty"), chosen by Paxful, for the exchange of your Bitcoin for a USD-equivalent amount of stablecoins, to be held by the Stablecoin Counterparty for your benefit.