Coinbase-incubated Ethereum Layer 2 network Base deployed its second upgrade, Beryl, to the Base Sepolia testnet on Thursday, with mainnet activation scheduled for June 25.
Beryl introduces B20, a native token standard for issuing stablecoins and other assets directly within Base's node software, and cuts the chain's standard withdrawal delay to Ethereum from seven days to five, according to a blog post from Base's engineering team.
A native token standard
B20 implements the full ERC-20 specification and includes ERC-2612 permits, which let holders approve spenders with a signature instead of a separate transaction, making the standard a drop-in replacement for existing wallets, exchanges, and indexers built for ERC-20 tokens.
What's different, however, is execution.
