{
  "schema": "https://councilof.ai/interop/regulatory-exposure-card.schema.json",
  "id": "stablecoin-attestation-ousg-ondo",
  "pack": "stablecoin-attestation-2026-09",
  "as_of": "2026-09-02T05:44:00Z",
  "obligation": {
    "cite": "P.L. 119-27 (GENIUS Act) §4(a)(3) / 12 U.S.C. §5903 monthly certification & examination",
    "text": "A permitted payment stablecoin issuer shall, each month, have the information disclosed in the previous month-end report required under paragraph (1)(D) examined by a registered public accounting firm. Each month, the Chief Executive Officer and Chief Financial Officer of a permitted payment stablecoin issuer shall submit a certification as to the accuracy of the monthly report to, as applicable, the primary Federal payment stablecoin regulator of the permitted payment stablecoin issuer; or the State payment stablecoin regulator of the permitted payment stablecoin issuer."
  },
  "binds": "permitted payment stablecoin issuers (GENIUS); e-money token issuers (MiCA Art 54)",
  "fine_ceiling": {
    "cite": "see regime-specific statutes; this card densifies cadence facts only",
    "text": "Fine ceiling not asserted on this densify leaf; obligation texts are quoted for side-by-side reading only.",
    "short": "UNMEASURED_on_this_leaf"
  },
  "enforcer": "GENIUS: primary Federal / State payment stablecoin regulator; MiCA EMT: national competent authorities / EBA for significant tokens",
  "enforcement_start": "GENIUS effective earlier of 2027-01-18 or 120 days after final regs; MiCA EMT regime in force (cite Art 54 text beside measured fact)",
  "measured_fact": {
    "issuer": "Ondo Finance (OUSG)",
    "tokens": [
      "OUSG"
    ],
    "product_page_url": "https://ondo.finance/ousg",
    "retrieval_iso_date": "2026-09-02",
    "http_status": 200,
    "stated_cadence": "page states daily 3rd-party administrator financial reporting; Attestation Reports linked on page",
    "stated_examiner": "3rd-party administrator (named on page as publishing daily reporting); attestation reports linked",
    "verbatim_quote": "Trusted & Transparent Full financial reporting prepared and published daily by a 3rd-party administrator."
  },
  "UNMEASURED": [
    "one_to_one_reserve_match_recompute",
    "under_reserved_never_asserted",
    "non_compliant_never_asserted",
    "keystone_signature",
    "board_MEASURED"
  ],
  "status": "PROBED",
  "witness": {
    "retrieved_at": "2026-09-02T05:44:00Z",
    "method": "HTTPS GET of public transparency/product page; quote verbatim or UNCHECKABLE reason",
    "writes_board": false,
    "sig_ed25519": null,
    "regimes_cited": [
      "GENIUS"
    ]
  },
  "honest_sentence": "Last public attestation/cadence language as retrieved (quoted) beside GENIUS monthly attestation text and/or MiCA Art 54 text. Never under-reserved / non-compliant. Reader concludes.",
  "forbidden_note": "NEVER: under-reserved / non-compliant / violated / fined / absent-as-verdict."
}