Base enables financial institutions to create stablecoins. The team at Brale has been developing Base with early client feedback for months.

Base makes the functions of minting - creating stablecoins, redeeming - removing them from circulation, swapping - changing chains or stablecoins, and viewing the asset on various chains as easy as logging in.

As a standalone function, each one of these across multiple blockchains can be difficult on its own. Creating stablecoins requires one to define the core primitives of the stablecoin. Base deploys the audited contract on whatever chain you select once you determine the attributes of your stablecoin.

Aside from defining the primitives, you configure the treasury to back the stablecoin, which is done in the following step. Once deployed you can mint more, burn, swap the stablecoins between the deployed chains and transfer them to your ecosystem or wallets. The destination address can be your existing provider's wallet infrastructure. You control the circulation based on what is reflected in your treasury.

Whenever a stablecoin is swapped between different blockchains, the amount in circulation is maintained. No bridging, just a nicely maintained natural supply.

One of the early observations at Brale is that most of the world's capital is still off-chain, which means it can't benefit from 24/7 productivity. DeFi could also use some of the stability of CeFi. They both have their advantages. It's just hard to get going with all the new technologies.

Base abstracts the complexity. Institutions using it to create stablecoins or deploy assets don't need any engineering resources to get started. They don't need to purchase cryptocurrency to pay gas fees (more about that later) or learn about Solidity. Brale has done all that.

Isn't there a better time to launch a crypto product? Well, if it was a "crypto product," probably. Now is the perfect time for regulated entities to use decentralized protocols more heavily because DeFi technologies are ready for primetime. 

The ecosystem can benefit from stability and participation from regulated entities. The future is a combination of things that appear to be different.

Blockchains have a beautiful feature built into them natively, testnets. Testnets enable you to deploy custom stablecoins in a test environment before any treasury exists, add the contract to a wallet, and begin testing.

Blockchains have a beautiful feature built into them natively, testnets. Testnets enable you to deploy custom stablecoins in a test environment before any treasury exists, add the contract to a wallet, and begin testing.

This allows you to safely get in and test your project without touching mainnets or ending up with deployed assets somewhere you don't want them.

Testnets derisk technology, automation, and projects generally. The parallel is something like a sandbox for a FinTech company.

Base is the beginning and aptly named. I am excited to start getting more of this team's work into the world! If you'd like a full demo from the team, you can sign in and request one.

. . .

This post was originally posted on benmilne.com.

Base enables financial institutions to create stablecoins. The team at Brale has been developing Base with early client feedback for months.

Base makes the functions of minting - creating stablecoins, redeeming - removing them from circulation, swapping - changing chains or stablecoins, and viewing the asset on various chains as easy as logging in.

As a standalone function, each one of these across multiple blockchains can be difficult on its own. Creating stablecoins requires one to define the core primitives of the stablecoin. Base deploys the audited contract on whatever chain you select once you determine the attributes of your stablecoin.

Aside from defining the primitives, you configure the treasury to back the stablecoin, which is done in the following step. Once deployed you can mint more, burn, swap the stablecoins between the deployed chains and transfer them to your ecosystem or wallets. The destination address can be your existing provider's wallet infrastructure. You control the circulation based on what is reflected in your treasury.

Whenever a stablecoin is swapped between different blockchains, the amount in circulation is maintained. No bridging, just a nicely maintained natural supply.

One of the early observations at Brale is that most of the world's capital is still off-chain, which means it can't benefit from 24/7 productivity. DeFi could also use some of the stability of CeFi. They both have their advantages. It's just hard to get going with all the new technologies.

Base abstracts the complexity. Institutions using it to create stablecoins or deploy assets don't need any engineering resources to get started. They don't need to purchase cryptocurrency to pay gas fees (more about that later) or learn about Solidity. Brale has done all that.

Isn't there a better time to launch a crypto product? Well, if it was a "crypto product," probably. Now is the perfect time for regulated entities to use decentralized protocols more heavily because DeFi technologies are ready for primetime. 

The ecosystem can benefit from stability and participation from regulated entities. The future is a combination of things that appear to be different.

Blockchains have a beautiful feature built into them natively, testnets. Testnets enable you to deploy custom stablecoins in a test environment before any treasury exists, add the contract to a wallet, and begin testing.

Blockchains have a beautiful feature built into them natively, testnets. Testnets enable you to deploy custom stablecoins in a test environment before any treasury exists, add the contract to a wallet, and begin testing.

This allows you to safely get in and test your project without touching mainnets or ending up with deployed assets somewhere you don't want them.

Testnets derisk technology, automation, and projects generally. The parallel is something like a sandbox for a FinTech company.

Base is the beginning and aptly named. I am excited to start getting more of this team's work into the world! If you'd like a full demo from the team, you can sign in and request one.

. . .

This post was originally posted on benmilne.com.