Base To Launch B20 Standard For Fungible Tokens On Mainnet
The post Base To Launch B20 Standard For Fungible Tokens On Mainnet appeared on BitcoinEthereumNews.com. Coinbase-backed Ethereum layer-2 network Base is set to activate its B20 token standard on mainnet, introducing a native framework for stablecoins, tokenized real-world assets (RWAs) and other fungible tokens. According to Base documentation, B20 is scheduled to go live at 6 pm UTC on the mainnet, enabling developers to begin creating tokens under the new standard. The activation will enable developers to use Base’s native token standard to create stablecoins, RWAs, tokenized equities and other fungible tokens without requiring them to build and audit custom ERC-20 contracts. The standard supports two variants: asset and stablecoin. The asset variant has configurable decimals between six and 18, while the stablecoin variant has fixed six-decimal formatting and requires issuers to specify a fiat currency denomination, such as the US dollar or euro. B20 supports two variants. Source: