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A purchase of stablecoins is only suitable for financially sophisticated purchasers who are capable of evaluating the merits and risks of such a purchase and who have sufficient resources to be able to bear any losses which may result from that purchase. Prospective holders of stablecoins are strongly advised to conduct their own due diligence including, without limitation, the legal, tax and financial consequences of purchasing any stablecoins. Stablecoins are not risk-free and are subject to market volatility, market confidence and adoption, demand and supply, and market liquidity. Anyone issuing cryptographic coins or tokens (including stablecoins) through a Jersey company will require a specific consent (a "COBO Consent") under the Control of Borrowing (Jersey) Order 1958 from the Jersey Company Registry, part of the Jersey Financial Services Commission (the "JFSC"). Whilst the holding of a COBO Consent does not give the coin/token or the issuer a ‘regulated’ status, it mandates a set of conditions designed to ensure that the issuer meets specific standards in terms of governance, investor disclosure and AML/CFT compliance. The JFSC has issued a COBO Consent to Deep Blue Limited in relation to the stablecoins known as DBUSD reflecting those conditions. The JFSC is protected by the Control of Borrowing (Jersey) Law 1947, as amended, against liability arising from the discharge of its functions under that Law.