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  • Summary of Draft Stablecoin Whitepaper

    • SIO-7.1.3

      Along with the stablecoin whitepaper, a summary of the stablecoin whitepaper, in Arabic and English languages, must be made available to clients. The summary must be in non-technical language, easily understandable, laid out in a clear and comprehensive format and include key information about the stablecoin including the permanent right of redemption at any time and at par value as well as the fees and charges, if any, for such redemption. The summary must also include a warning that:

      (a) it should be read as an introduction to the full stablecoin whitepaper; and
      (b) clients should base their decision to purchase the approved stablecoin on the content of the stablecoin whitepaper as a whole and not on the summary alone.
      Added: July 2025