SIO-10.2.7

For the purposes of Paragraph SIO-10.2.2(c), the CBB considers scenarios where clients are required to hold their approved stablecoins in self-custody as being a material risk given that the burden of protecting and safeguarding approved stablecoins falls wholly upon clients. As such, stablecoin issuers requiring clients to hold their approved stablecoins in self-custody are required to disclose this fact fully and clearly upfront to clients.