Where a stablecoin issuer fails to comply with the requirements applicable to the reserve assets and redemption requirements as referred to in Chapter 6 of this Module or, due to a rapidly deteriorating financial condition, is likely in the near future to not comply with those requirements, the CBB, in order to ensure compliance with the applicable requirements, may, at its sole discretion, require the stablecoin issuer to implement one or more of the arrangements or measures set out in the recovery plan or to update such a recovery plan when the circumstances are different from the assumptions set out in the initial recovery plan and implement one or more of the arrangements or measures set out in the updated plan within a specific timeframe.