> For the complete documentation index, see [llms.txt](https://docs.maple.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.maple.finance/legal/syrupusdt-product-disclosures-and-disclaimers.md).

# syrupUSDT Product Disclosures & Disclaimers

The syrupUSDT token is a product developed, issued, and managed exclusively by Maple International Operations SPC acting on behalf of and for the account of Maple USDT Segregated Portfolio 1. It is not sponsored, endorsed, administered by, or otherwise associated with Tether Limited or its related entities ("Tether"). The syrupUSDT token is not a stablecoin and is not backed by USDT; its value is derived from a dynamic pool of underlying loan assets managed through the Maple Protocol.&#x20;

The yield associated with syrupUSDT is generated from interest payments on overcollateralized loans made to institutional borrowers and yield generated through supporting deployment strategies, including futures basis trading and DeFi liquidity provision. These supporting strategies carry risks distinct from lending activities, as described in the [syrupUSDC, syrupUSDT and syrupUSDG - Risk Disclosures](/legal/syrupusdc-and-syrupusdt-risks.md). All lending activities involve significant risk, including but not limited to credit risk, liquidity risk, borrower default, and the potential for partial or total loss of your principal. Past performance is not indicative of future results, and yields are not guaranteed.&#x20;

**Intellectual Property Notice:** Third-party trademarks, including "USDT," which is a trademark of Tether Limited, are the property of their respective owners. The use of such trademarks herein is for identification and descriptive purposes only and does not imply any affiliation with or endorsement by the trademark holders.


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