☞Latest ADA Technology Updates☜


A major issue with the ADA public chain right now is the absence of mainstream stablecoins like USDT or USDC, which limits the liquidity for DEFI and other projects on ADA. Recently, the project team has been working to overcome technical obstacles.
The main reason there is no native usdt or usdc on ADA is that there is no freezing function on ADA.
Now
The on-chain code for "programmable tokens" has now been fully implemented, and the multi-party third-party transfer function has been deployed.
CIP-113 enables "programmable tokens" on Cardano, meaning that tokens can have built-in rules or scripts that control their behavior. For example, administrators can initiate the transfer, freeze, or seize of tokens to comply with regulations.
This makes the Cardano blockchain more suitable for regulated assets such as stablecoins, which often require functionalities like freezing accounts or reclaiming tokens for legal or compliance reasons.
The new "multi-seize" feature allows authorized entities to recover tokens from multiple holders in a single transaction. This is efficient and practical for situations where regulators need to simultaneously freeze or seize tokens from multiple accounts.
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Zaylurexvip
· 12h ago
ada is very good token
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