Stablecoin issuers must frame the redemption plan on the assumption that the remaining reserve assets underpinning the relevant approved stablecoin will be used for the benefit of all clients’ redemption claims when the CBB determines that the stablecoin issuer will not be able to or likely to be unable to fulfil its obligations towards the clients. This must be without prejudice to the right of the clients that the portion of their claim (if any) left unsatisfied by the liquidation of the remaining reserve assets must be met by the licensed stablecoin issuer in accordance with the applicable law including the applicable insolvency law.