Stablecoin token standards on leading blockchains
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
Blockchain | Token Standard | Type | Brale 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
Blockchain | Token Standard | Type | Brale 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.
Issue an ecosystem native stablecoin