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Glossary term

What is Freeze authority?

Freeze authority is the power, usually built into a token contract or platform control system, to prevent specified assets from moving. Stablecoin and token issuers may use freeze, block, or reject controls to comply with lawful orders, sanctions obligations, or program rules, but the authority depends on contract design and applicable law.

Definition

Freeze authority is the power, usually built into a token contract or platform control system, to prevent specified assets from moving. Stablecoin and token issuers may use freeze, block, or reject controls to comply with lawful orders, sanctions obligations, or program rules, but the authority depends on contract design and applicable law.