Public Chain Tempo Launches TIP-20 Token Standard, Designed for Stablecoins and Payment Use Cases

Deep Tide TechFlow News, January 7th, according to an official announcement, Stripe and Paradigm jointly launched the payment public chain Tempo, which introduced the native token standard TIP-20, specifically designed for stablecoins and payment use cases. TIP-20 extends the Ethereum ERC-20 standard with features such as transfer memos, compliance controls, and reward distribution, fully backward compatible.

The standard features six core functions: native currency identifier, transfer memo, reward distribution, custom policy registration, operational control, and role-based access management. TIP-20 can be applied in scenarios such as corporate fund management, cross-border payments, wholesale settlement, and deposit tokens.

Tempo also provides dedicated channels for payment transactions, ensuring high throughput and predictable fees. Any USD-pegged TIP-20 stablecoin can be used to pay for transaction fees on Tempo.