New developments in the public chain payment sector. Stripe and Paradigm jointly developed the Tempo public chain, which recently launched the TIP-20 token standard. This scheme is specifically designed for stablecoins and payment scenarios.

Technically, TIP-20 is an upgraded iteration based on the Ethereum ERC-20 standard, fully compatible with the ERC-20 ecosystem, but with enhanced features—adding transfer memo functions, compliance controls, and reward distribution mechanisms. This means that project teams issuing stablecoins or payment tokens can handle on-chain transaction information more flexibly, while also providing native support for compliance.

From a practical perspective, this standardized design redefines the needs of payment and stablecoin scenarios, aiming to make public chain infrastructure more aligned with the complexities of real payment business.