Issue a Stablecoin on Bitcoin | Complete Guide

// Freeze tokens for a specific address (compliance action)
await issuer.freezeTokens({
  tokenId: "btkn1...",
  sparkAddress: "sp1...",
  amount: 10000n
});

// Unfreeze when compliance is satisfied
await issuer.unfreezeTokens({
  tokenId: "btkn1...",
  sparkAddress: "sp1...",
  amount: 10000n
});

await issuer.burnTokens({
  tokenId: "btkn1...",
  amount: 50000n
});

┌─────────────────────────────────────────────────┐
│                  Your Stablecoin                │
├─────────────────────────────────────────────────┤
│  Issuer Wallet (You)                            │
│  - Create token with properties                 │
│  - Mint new supply                              │
│  - Freeze/unfreeze for compliance               │
│  - Burn on redemption                           │
├─────────────────────────────────────────────────┤
│  Spark Network                                  │
│  - Instant transfers between users              │
│  - Zero fees                                    │
│  - Lightning interoperability                   │
├─────────────────────────────────────────────────┤
│  Bitcoin L1                                     │
│  - Ultimate settlement layer                    │
│  - Unilateral exit capability                   │
└─────────────────────────────────────────────────┘

import { IssuerWallet } from "@buildonspark/issuer-sdk";

const issuer = await IssuerWallet.initialize({
  mnemonicOrSeed: "your secure mnemonic phrase...",
  network: "mainnet"
});

const token = await issuer.createToken({
  name: "Your Dollar",
  ticker: "YUSD",
  decimals: 6,           // Standard for USD stablecoins
  maxSupply: 1000000000, // 1 billion max supply
  isFreezable: true      // Enable compliance controls
});

console.log(`Token created: ${token.tokenId}`);
// btkn1qv6cps0n0ttm3p4gx62rzty4rjhzqwe5...

await issuer.mintTokens({
  tokenId: token.tokenId,
  amount: 1000000n  // 1 YUSD (with 6 decimals)
});

await issuer.transferTokens({
  tokenId: token.tokenId,
  amount: 100000n,  // 0.1 YUSD
  receiverSparkAddress: "sp1user..."
});

// Freeze for compliance review
await issuer.freezeTokens({
  tokenId: token.tokenId,
  sparkAddress: "sp1suspicious...",
  amount: 50000n
});

await issuer.burnTokens({
  tokenId: token.tokenId,
  amount: 100000n
});