đš Cardanoâs New Token Standard Is LiveâBut ADA Is Still Under Selling Pressure
Cardanoâs 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 inânot ADA itself. The standard targets regulated assets such as stablecoins, tokenized funds, and bonds. [36]
Cardano also tokenized Veridianâs 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 adoptionânot just the launchâwill determine whether it creates lasting demand for ADA.
$ADA
.
.
.
#Cardano #crypto
Not financial advice. DYOR.
Cardanoâs 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 inânot ADA itself. The standard targets regulated assets such as stablecoins, tokenized funds, and bonds. [36]
Cardano also tokenized Veridianâs 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 adoptionânot just the launchâwill determine whether it creates lasting demand for ADA.
$ADA
.
.
.
#Cardano #crypto
Not financial advice. DYOR.