Tempo launches the TIP-20 token standard, aimed at stablecoins and payment scenarios

The Tempo team has released its native token standard TIP-20, aimed at stablecoin and payment token applications. According to the official introduction, TIP-20 adds features such as transfer notes, compliance controls, and reward distribution on top of being compatible with ERC-20, aiming to meet the needs of real-world payments, settlements, and fund management.

Tempo stated that TIP-20 allows for the issuance of customized stablecoins tailored to specific payment scenarios and supports high throughput and predictable fee payment transactions, while enabling trading between stablecoins on the Tempo native decentralized exchange. The standard also introduces mechanisms such as role-based access management and a strategy registry to support compliance and operational control.

The official disclosure reveals that infrastructure providers such as AllUnity, Bridge, and LayerZero have begun supporting TIP-20. Tempo claims that this standard is suitable for stablecoin issuers and can also be extended to other fungible assets to reduce custom development costs and enhance cross-scenario usability.