Tempo releases TIP-20 standard to create customized solutions for stablecoins and payment tokens

【Blockchain Rhythm】The Tempo team officially launched the native token standard TIP-20 on January 7th. The goal of this standard is very clear — to provide underlying support for stablecoins and payment tokens.

From a technical perspective, TIP-20 has made many innovations based on full compatibility with ERC-20. It adds features such as transfer remarks, compliance control mechanisms, and reward distribution capabilities. These improvements may seem like details, but they are highly significant for real-world payment, settlement, and fund management scenarios.

Interestingly, TIP-20 not only supports issuers releasing customized stablecoins for specific payment scenarios but also handles high-throughput transactions while ensuring predictable fees — which is essential for payment applications. Moreover, within Tempo’s own decentralized exchange, these stablecoins can be traded directly.

Even more noteworthy is the design of permissions and governance layers. The standard includes built-in role permission management and a strategy registry mechanism, making compliant operations and process control possible, and further lowering the barriers for traditional financial institutions to enter.

In terms of ecosystem development, several infrastructure providers such as AllUnity, Bridge, and LayerZero have already begun supporting the TIP-20 standard. Tempo officials stated that this standard is not only suitable for stablecoin issuance but can also be extended to other homogeneous asset scenarios, reducing redundant development costs and broadening the scope of the standard.