🚨 Cardano’s New Token Standard Is Live—But ADA Is Still Under Selling Pressure
Cardano’s CIP-0113 programmable token standard is live on mainnet. It lets issuers build KYC, AML, sanctions-screening, freeze, seizure, and transfer restrictions directly into native Cardano tokens. [36]
The catch: These controls apply only to tokens that opt in—not ADA itself. The standard targets regulated assets such as stablecoins, tokenized funds, and bonds. [36]
Cardano also tokenized Veridian’s shares using CIP-0113, making it the first such asset deployed on the network. The shares are not being offered to the public. [253]
The takeaway: Cardano is pushing into regulated real-world assets, but institutional adoption—not just the launch—will determine whether it creates lasting demand for ADA.
$ADA
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.
.
#Cardano #crypto
Not financial advice. DYOR.
Cardano’s CIP-0113 programmable token standard is live on mainnet. It lets issuers build KYC, AML, sanctions-screening, freeze, seizure, and transfer restrictions directly into native Cardano tokens. [36]
The catch: These controls apply only to tokens that opt in—not ADA itself. The standard targets regulated assets such as stablecoins, tokenized funds, and bonds. [36]
Cardano also tokenized Veridian’s shares using CIP-0113, making it the first such asset deployed on the network. The shares are not being offered to the public. [253]
The takeaway: Cardano is pushing into regulated real-world assets, but institutional adoption—not just the launch—will determine whether it creates lasting demand for ADA.
$ADA
.
.
.
#Cardano #crypto
Not financial advice. DYOR.