Yes, a standard 8.8 bolt, of the correctly fitting dimensions, is more than up to the job. 8.8 bolts are tough, rather than brittle, and are the correct thing almost everywhere on the Mini, certain engine parts excluded.
We have in the past seen people talking about fitting full sets of stainless bolts. I wonder how many of them are no longer alive, or are too embarrassed to come back and admit their mistake, as a result of a critical bolt failing somewhere? A2 stainless is too weak in tension and A4 is too brittle. Neither have adequate fatigue ratings.
Seat belt bolts are required by law to be 7/16" UNF grade 8.8 or better, which completely rules out stainless there. Metric are not allowed, the coarser thread means greater root depth and therefore less strength. The IVA Testers Manual allows 12.9 bolts, which I believe to be a serious error as the primary load is often in bending/shear and a ductile bolt will be safer. I would use 10.9 if I wanted a caphead.
I often wonder about the bolt kits sold on Ebay. Personally, I would go to the likes of Namrick, where you know what you are getting.