Here is what the code says.
R602.10.7 Braced wall panel support. Braced wall panel
support shall be provided as follows:
1. Cantilevered floor joists, supporting braced wall lines,
shall comply with Section R502.3.3. Solid blocking shall
be provided at the nearest bearing wall location. In Seismic
Design Categories A, B and C, where the cantilever
is not more than 24 inches (610 mm), a full height rim
joist instead of solid blocking shall be provided.
2. Elevated post or pier foundations supporting braced wall
panels shall be designed in accordance with accepted
engineering practice.
And from the commentary.
Elevated post and pier foundations
Elevated post and pier foundations generally provide little
lateral support to the structure above. Lateral support
instead typically comes from diagonal bracing or other
elements of the foundation; however, there are ways of
cantilevering the posts of the foundation by burying the
ends deeply into the ground, so that they develop lateral-
load-resisting characteristics.
It is difficult to accurately and fully present all of the post
and pier lateral support methods in one set of prescriptive
provisions. For this reason, post and pier foundations supporting
braced wall panels must be engineered in accordance
with the IBC or referenced documents, as stated in
the Section R602.10.7, Item 2.