Burning

Token Systems

...itrary rules governing their behavior, such as transfer restrictions, automatic burning mechanisms, dividend distributions, or governance rights. This flexibility has ...

Process of Tethering

...y holders, just as Bitcoin transactions are. The fifth step is redemption, or "burning." When a user wishes to convert tether tokens back to fiat currency, they submi...

Design Principles

... fungibility across chains. Cross-Chain Transfer Protocol (CCTP) enables native burning and minting across supported chains, eliminating the need for wrapped tokens or...

Technology

...or regulated stablecoin operation. The contract includes privileged minting and burning functions that are restricted to authorized addresses controlled by licensed is...

Token Lifecycle

...mpasses three distinct phases: issuance (minting), circulation, and redemption (burning). This lifecycle is designed to maintain the one-to-one correspondence between ...

Governance

... smart contract infrastructure, implement secure key management for minting and burning operations, and maintain operational systems with the availability and security...