Where a stablecoin issuer uses the services of third parties for the purpose of redemption of approved stablecoin for fiat currency, the stablecoin issuer must ensure that the redemption is done at par value, without any restriction and in accordance with the requirements of this Section. However, where the third-party channels are unable to meet the redemption requests of clients, stablecoin issuers must provide direct redemption rights for such holders without any restrictions