Stablecoin Wrapper API Workflow
A stablecoin is a fungible token that represents digital currency with built-in compliance enforcement.
The stablecoin scenario enforces know your customer (KYC) and anti-money laundering (AML) policies, transfer restrictions, and multi-party approvals. The system supports direct transfers and hold-based transfers, which require approval before the transfer occurs.
- Minter, burner, and notary roles are required.
- The account policy enforces KYC/AML and restriction flags.
- The approval policy defines thresholds and sequential approver requirements for hold-based transfers.
- Transfer restrictions are optional and can be configured at any time.
- Approval policy matching is used to determine whether approvals are required when the
holdTokensAPI is used. - Transaction history APIs support auditing and monitoring.
The following diagram shows a typical process flow when using the sample stablecoin wrapper APIs.
