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SIO-11.3.1

A stablecoin issuer must draw up and maintain an operational plan to support the orderly redemption of each approved stablecoin, which is to be implemented upon a decision by the CBB that the stablecoin issuer is unable or likely to be unable to fulfil its obligations, including in the case of insolvency or in the case of withdrawal of license of the stablecoin issuer.

Added: July 2025