issuer in default may transfer any assets and liabilities of such issuer in default as the Corporation may, in its discretion, determine to be appropriate in accordance with paragraph (1). (iii) Effective without approval The transfer of any assets or liabilities of a payment stablecoin issuer in default transferred to a bridge payment stablecoin issuer shall be effective without any further approval under Federal or State law, assignment, or consent with respect thereto. (4) Powers of bridge payment stablecoin issuers Each bridge payment stablecoin issue chartered under this subsection shall have all corporate powers of, and be subject to the same provisions of law as, a payment stablecoin issuer that is a depository institution chartered by the Comptroller, as appropriate, except that— (A) the Corporation may— (i) remove the interim directors and directors of a bridge issuer