Definition ∞ Multiple issuance refers to the ability of a digital asset or token to be created or released into circulation more than once, typically by the same issuer. This contrasts with single-issuance assets, which have a fixed supply or are minted only once. Multiple issuance mechanisms allow for controlled expansion of an asset’s supply over time, often according to predefined rules or a specific schedule. It provides flexibility in asset management.
Context ∞ In the context of stablecoins or central bank digital currencies, multiple issuance is a common design feature allowing the issuer to maintain a stable value or respond to economic conditions. News regarding tokenomics or supply adjustments for digital assets often discusses the implications of multiple issuance strategies. Understanding this concept is key to assessing the monetary policy and long-term value proposition of certain digital tokens.
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