The traditional ERC-20 standard has fundamental limitations for modern payment applications. A new token protocol iteration introduces significant improvements: built-in transfer memos, compliance tooling at the protocol layer, native yield distribution mechanisms, and predictable fee structures—all embedded directly into the token standard rather than bolted on as separate solutions.

This approach simplifies integration and reduces complexity across the entire ecosystem. The project has secured substantial backing ($500M) from leading investors including Stripe, Paradigm, and Sequoia Capital, signaling confidence in this architectural shift.

The combination of these features addresses long-standing friction points in token-based systems, offering developers more flexibility and users greater transparency in transactions.