On October 7, Cardano officially launched the CIP-0113 programmable token standard on its mainnet. This new standard enables issuers of stablecoins and tokenized funds to integrate compliance rules directly into their digital assets. By embedding these rules at the protocol level, the update aims to streamline regulatory adherence for institutional and financial assets on the Cardano blockchain.
The new standard enables stablecoin and fund issuers to embed compliance and regulatory rules directly into digital assets without requiring a hard fork.
Read the full story