4

The Stellar documentation makes it clear that I cannot acquire Assets frm the issuer without first creating a trustline to the issuer.

But once I have the assets, can they be sent to any other account? or does the target account need to create a trustline first?

in other words:

  1. I create a trust line with Issuer.
  2. I receive assets from the Issuer.
  3. I create another (new) account.
  4. Can I send my Assets to the new account? Or does it have to first establish a trustline with the Issuer?
5

Each account must have a trustline set before they will accept receiving the asset.

When you hold an asset, you must trust the issuer to properly redeem its credit. Since users of Stellar will not want to trust just any issuer, accounts must explicitly trust an issuing account before they’re able to hold the issuer’s credit.

This is due for a couple of reasons.

  • It allows the account owner to set how much they trust the asset issuer (anchor)
  • It allows the asset issuer (anchor) to limit or approve which accounts can hold the asset

As an anchor, you can mark the issuing account AUTHORIZATION REQUIRED. With this setting, the anchor must approve anyone who wants to hold its credit, allowing it to control who its customers are.

You can use this link for a reference to where this is all specified: https://www.stellar.org/developers/guides/concepts/assets.html#trustlines

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