Base, the Ethereum Layer-2 network supported by Coinbase, plans to launch its Beryl upgrade on June 25. This update will introduce the B20 token standard, which is made for stablecoin issuers and real-world asset tokenization projects.
This is Base’s second major network upgrade after the Azul update earlier this year. The main feature of Beryl is B20, a token standard that lets issuers create digital assets directly on Base’s infrastructure instead of only using traditional smart contracts. Base developers say this could cut transfer costs by about 50%.
Even though B20 tokens work differently in the background, they are made to be fully compatible with Ethereum’s current infrastructure. Wallets, exchanges, and decentralized apps will use them just like regular ERC-20 tokens, making things easier for developers and users.
Base is providing several versions of the standard, including one focused on stablecoins for regulated financial institutions. The code has been reviewed for security by Base and outside firms like Spearbit and Cantina.
Besides the new token standard, the Beryl upgrade will shorten withdrawal times from Base to Ethereum, cutting the wait from seven days to five days using the main bridge. It also adds Reth V2, an update meant to make the network more efficient and lower storage needs.
The main goal of B20 is to make Base a top platform for institutional token issuance. The market for tokenized real-world assets has grown quickly, with billions of dollars in financial products now on blockchains. Stablecoins are also one of the fastest-growing parts of digital finance.
This upgrade comes soon after the GENIUS Act passed in the United States. The new law is expected to speed up regulated stablecoin adoption and boost competition among blockchain networks trying to attract issuers.
It’s important not to confuse B20 with a possible Base network token. While there is still talk about a future Base token, B20 is meant for third-party issuers to create their own digital assets. Base has not said it will launch its own token.
With Beryl, Coinbase seems to be focusing on building infrastructure for large-scale tokenization instead of chasing short-term retail excitement. A key question after the upgrade will be whether institutional issuers decide to use B20.
— Base Build (@buildonbase) June 18, 2026
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