Create new virtual currency

2 credits per API call

Create new virtual currency with given supply stored in account. This will create Tatum internal virtual currency. Every virtual currency must be prefixed with VC_.

Every virtual currency must be pegged to existing FIAT or supported cryptocurrency. 1 unit of virtual currency has then the same amount as 1 unit of the base currency it is pegged to. It is possible to set a custom base rate for the virtual currency. (baseRate = 2 => 1 VC unit = 2 basePair units)

Tatum virtual currency acts as any other asset within Tatum. To create a fungible token, see the API for deploying a fungible token smart contract.

This operation returns the newly created Tatum Ledger account with an initial balance set to the virtual currency's total supply. Total supply can be changed in the future.

Digital assets:

  • USDC_MATIC refers to contract 0x2791bca1f2de4661ed88a30c99a7a9449aa84174 on Polygon mainnet.
  • USDC_MATIC_NATIVE refers to contract 0x3c499c542cef5e3811e1192ce70d8cc03d5c3359 on Polygon mainnet.
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