by, the Department of the Treasury, with an original maturity of 1 year or less. (6) A reserve repurchase agreement relating to a security described in paragraph (5). (7) Any other high-quality, liquid asset determined to be consistent with safe and sound banking practices, as determined by the appropriate Federal banking agency or State bank supervisor. (d) Disclosures Not later than 10 business days after the end of each month, a depository institution shall disclose, in a publicly accessible manner, a summary description of the assets backing the payment stablecoin, the value of the assets, and the number of outstanding payment stablecoins, as of the last day of the month. Such explanation shall be filed with the Secretary of the Treasury under penalty of perjury by the chief financial officer of the institution, and made available on a website of the Department of the Treasury, not less than 10 business days after filing. The depository institution shall also report on the summary description any instances in which the institution failed to comply with any requirement of subsection (b). As applicable, the appropriate Federal banking agency or State bank supervisor shall, as part of a regular examination of the depository institution, at the frequency otherwise required by law, verify the composition of the assets and the accuracy of the summary descriptions made under this subsection and reports under subsection (d). Depository institutions shall clearly disclose to customers that a payment stablecoin is not guaranteed by the United States Government or subject to deposit insurance by the Federal Deposit Insurance Corporation or by share insurance of the National Credit Union Administration. Misrepresentation that a payment stablecoin is guaranteed by the United States Government or subject to deposit or share insurance shall be a violation of section 18(a)(4) of the Federal Deposit Insurance Act ( 12 U.S.C. 1828(a)(4) ) or section 709 of title 18, United States Code, as applicable. (e) Call report As