Algorand Standard Asset (ASA)

    Algorand Standard Asset (ASA) are assets that exist on the Algorand blockchain protocol. ASAs benefit from the same speed and security as Algorand’s consensus protocol as on-chain assets. ASAs can be fungible or non-fungible, representing anything from stablecoins to in-game points to a house deed. ASAs must essentially adhere to several parameters established by Algorand, though they do allow for some customization by developers.