; and (2) one of the following: (A) The crypto asset relies solely on the value of another crypto asset to maintain the fixed amount of monetary value. (B) The crypto asset relies on algorithmic means to maintain the fixed amount of monetary value. (C) A combination of subparagraphs (A) and (B). (b) Legal classification Endogenously referenced crypto assets are hybrid instruments, as defined in section 1a of the Commodity Exchange Act ( 7 U.S.C. 1a ). (c) Prohibition on use of term stablecoin Endogenously referenced crypto assets shall not use the term payment stablecoin or stablecoin in advertising or marketing materials. 703. Certificate of authority to commence banking Section 5169 of the Revised Statutes ( 12 U.S.C. 27 ) is amended— (1) in subsection (a), in the third sentence, by striking to those of a trust company and activities related thereto. and inserting the following: to— (1) those of a trust company and fiduciary activities related thereto; or (2) those of a depository institution required to maintain assets valued at not less than 100 percent of the deposits of the institution, for the purposes of issuing a payment stablecoin (as defined in section 9801 of title 31, United States Code) and activities related thereto consistent with subsection (c) of this section and without the requirement to maintain deposit insurance under the Federal Deposit Insurance Act ( 12 U.S.C. 1811 et seq. ).