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SIO-6.6.4

Stablecoin issuers offering yield bearing approved stablecoins must provide the following details in the stablecoin whitepaper:

(a) the methodology to determine the interest rate or reward;
(b) whether the interest rate or reward is linked to any benchmark (an interest rate benchmark), if yes information about the interest rate benchmark;
(c) the frequency of calculation of interest or reward as well as the frequency of credit of interest or reward (record date and time); and
(d) form in which the interest or reward will be credited (in the form of approved stablecoins or fiat currency).
Added: July 2025