Issued Currency Manager
IC Manager Overview
The Issued Currency Manager is a comprehensive tool designed to empower users on the XRPL (XRP Ledger) to create, manage, and monitor their issued currencies effectively. With a range of powerful features and functionalities, it offers users full control over their digital assets within the XRPL ecosystem.
Minting an issued currency refers to the process of creating new units of a token on a blockchain network. It involves generating additional supply, typically by an authorized entity, and adding the newly created tokens to the existing circulating supply.
Burning an issued currency refers to the permanent removal of existing units of a token from circulation on a blockchain network. It involves the deliberate destruction or elimination of tokens, reducing the total supply available and potentially increasing the value of the remaining tokens.
Freezing an issued currency involves the temporary or permanent suspension of the transferability of an issued currency. It restricts the ability of token holders to transact or move their tokens, typically implemented to comply with regulatory requirements or address security concerns.
An issued currency distribution refers to the process of allocating or dispersing tokens to eligible recipients. It involves distributing tokens based on predetermined criteria, such as loyalty programs, partnerships, or other filtering mechanisms.