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Stablecoin token standards on leading blockchains

3 min read
Chase Merlin | Brale
Ben Milne | Brale
Stablecoin token standards on leading blockchains | Brale Blog

Each blockchain ecosystem has its own unique way of representing and managing stablecoin tokens. In this post, we've summarized the key fungible token standards across leading blockchains and highlighted where Brale supports these standards.

EVM-compatible blockchains

BlockchainToken StandardTypeBrale Supported
Arbitrum
Standard Interface
Avalanche
Standard Interface
Base
Standard Interface
BNB Chain
Standard Interface
Celo
Standard Interface
Ethereum
Standard Interface
Ethereum Classic
Standard Interface
Optimism
Standard Interface
Polygon
Standard Interface
Tron
Standard Interface

Non-EVM blockchains

BlockchainToken StandardTypeBrale Supported
Aptos
Integrated Program
Bitcoin
BRC-20, SRC-20, Runes
Standard Interface
Canton Network
Integrated Program
Cardano
Standard Interface
Cosmos
Standard Interface
In Dev
Hedera
Integrated Program
Polkadot
Integrated Program
In Dev
Solana
Integrated Program
Stacks
Standard Interface
Stellar
Integrated Program
Sui
Integrated Program
Tezos
Standard Interface
TON
Standard Interface
XRP Ledger
Integrated Program

Blockchain token standards vary in their design and functionality. Some, like the ERC-20 standard, provide a common interface that offers great flexibility but generally requires more effort to implement. Others, like Solana's SPL Token Standard, integrate the token implementation into the blockchain itself, simplifying the issuance process while introducing certain limitations.

Bringing native stablecoins to emerging ecosystems

We've had the opportunity to speak with many emerging ecosystems about bringing native stablecoins to their network. The time to implement an Ethereum or Solana-compatible blockchain is less than a week, and typically a month to implement other standards.

Once implemented, stablecoins have onramps and offramps built-in, and leverage the same technology, treasury management, and transparency backing stablecoins on 11 blockchains today.

We're excited to partner with emerging ecosystems to increase access to stablecoins. To learn more, please reach out to our team.

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Contributors

  • Chase Merlin | Brale
    Chase Merlin
    Sr Product Manager
  • Ben Milne | Brale
    Ben Milne
    CEO