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  • SIO-6.2 Audit Requirements of Reserve Assets

    • SIO-6.2.1

      Stablecoin issuers must, on a monthly basis, obtain a report by an independent external audit firm confirming the following:

      (a) the approved stablecoin is one hundred percent backed by reserve assets;
      (b) the number and market value of approved stablecoin in circulation; and
      (c) the composition and value of the reserve assets.
      Added: July 2025

    • SIO-6.2.2

      The report referred to in Paragraph SIO-6.2.1 must be submitted to the CBB and published on the stablecoin issuer’s website by the end of the following month for the month being reported.

      Added: July 2025