Information on Risks

Risk disclosures describe failure modes plainly rather than hiding them behind general reassurances.

Principal risks

  • Issuer insolvency or issuer-side operational failure.
  • Reserve-bank delay, freeze, or insolvency event.
  • Reserve shortfall or publication error.
  • Compliance or legal restriction causing delay or rejection.
  • Technology, authority, contract, or chain disruption.
  • Redemption suspension, settlement delay, or notice lag.

Disclosure rule

Each risk belongs with the corresponding operational page so readers can see the control and the failure mode together.