Stablecoin Issuer and Issuance Requirements

Stablecoin Issuer and Issuance Requirements.

Stablecoin Issuance:

Article 6 of the Regulation on the Issuance of Public Offers of Stablecoins establishes that every stablecoin issuer must present the following information to the National Commission of Digital Assets:

1. A description of the quantity of stablecoins to be issued;
2. The type of international reserve asset to be used;
3. The quantity of reserve assets in said currency;
4. A description of their plans and the procedure related to the creation and destruction of the stablecoins to be issued;
5. Indication of the URL of their main website;
6. The Distributed Ledger Technology protocols, or similar or analogous technology, that they use.