{
  "ok": true,
  "schema": "sterling_stable_rail_indexer_interpretation_v1",
  "updated_at": "2026-05-20T09:20:00Z",
  "indexer_interpretation": {
    "sjbcusd_is_internal_rail": true,
    "usdc_is_external_settlement_reference": true,
    "sterlingchain_is_canonical": true,
    "solana_assets_are_external_representations": true
  },
  "classification": {
    "SJBCUSD": {
      "display_role": "SterlingChain internal USD valuation rail",
      "do_not_classify_as": [
        "standalone_spl_stablecoin",
        "bank_deposit_claim",
        "automatic_redeemable_usd"
      ],
      "external_mint": "EsNo61QodqHCRjkTGJDeqyK7N4Hunip5PaTYbpPZEsG2"
    },
    "USDC": {
      "display_role": "External settlement reference and off-ramp",
      "do_not_classify_as": [
        "sterlingchain_truth_source",
        "automatic_backing_for_all_sjbcusd"
      ],
      "mint": "EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v"
    },
    "STRL": {
      "display_role": "SterlingChain native currency",
      "address": "native:STRL"
    },
    "wSTRL": {
      "display_role": "External wrapped STRL representation",
      "mint": "9kugBqSVwBWdASa6rdRWAcgNvkHLreuy6EnEEHumonNh"
    },
    "STM": {
      "display_role": "Sterling market asset",
      "external_mint": "9kued2JXgVk5dzvtipsTdXfBMWihy1E55TwMiXchCoAb"
    },
    "SJBC3": {
      "display_role": "Tracked Sterling asset identity",
      "external_mint": "FwCp9JvCxtC88rJNWJSZFcoSUDW8NuSzKKSwt7MPF9of"
    }
  },
  "future_wrappers": [
    {
      "symbol": "wSJBC",
      "native_asset_symbol": "SJBCUSD",
      "status": "PLANNED_NOT_DEPLOYED"
    },
    {
      "symbol": "wSTM",
      "native_asset_symbol": "STM",
      "status": "PLANNED_NOT_DEPLOYED"
    }
  ],
  "routing_guidance": {
    "internal_truth": "SterlingChain ledger, RFQ, receipts, governor policy",
    "external_visibility": "Solana wrappers, SPL mints, CPMM pools, wallet metadata",
    "cpmm_role": "public visibility and price discovery",
    "rfq_role": "deep sovereign settlement",
    "paymaster_role": "gas abstraction and friction reduction",
    "sterlingchain_role": "economic truth layer"
  },
  "required_public_truth_rule": {
    "truth_source": "SterlingChain",
    "external_visibility": "Solana",
    "external_reference": "USDC",
    "stability_requires_receipts": true,
    "settlement_requires_real_external_payment": true
  }
}