; and (E) the expiration of the period provided in paragraph (7), or the earlier dissolution of the bridge payment stablecoin issuer as provided in paragraph (10). (9) Effect of termination events (A) Merger or consolidation A bridge payment stablecoin issuer that participates in a merger or consolidation as provided in paragraph (8)(A) shall be for all purposes a payment stablecoin issuer that is a depository institution under the supervision and regulation of the Comptroller, as the case may be, with all the rights, powers, and privileges thereof, and such merger or consolidation shall be conducted in accordance with, and shall have the effect provided in, the provisions of applicable law. (B) Charter conversion Following the sale of a majority of the capital stock of the bridge payment stablecoin issuer as provided in paragraph (8)(B), the Corporation may amend the charter of the bridge payment stablecoin issuer to reflect the termination of the status of the bridge issuer as such, whereupon the issuer shall remain a depository institution under the supervision of the Comptroller, as the case may be, with all of the rights, powers, and privileges thereof, subject to all laws and regulations applicable thereto. (C) Sale of stock Following the sale of 80 percent or more of the capital stock of a bridge payment stablecoin issuer as provided in paragraph (8)(C), the payment stablecoin issuer shall remain a depository institution that is a payment stablecoin issuer under the supervision of the Comptroller, with all of the rights, powers, and privileges thereof, subject to all laws and regulations applicable thereto. (D) Assumption of liabilities and sale of assets Following the assumption of all or substantially all of the liabilities of the bridge payment stablecoin issuer, or the sale of all or substantially all of the assets of the bridge issuer, as provided in paragraph (8)(D), at the election of the Corporation, the bridge issuer may retain its status as such for the period provided in paragraph (7). (E)