Base Launches Cobalt Upgrade With Conditional Transactions, New B20 Asset Functions

Conditional transactions push Base toward programmatic settlement logic that has mostly lived on specialized chains, which matters for RWA and payments builders who need execution tied to off-chain triggers. The B20 asset functions are the quieter story: a chain-specific token standard can create issuer lock-in, since migrating assets elsewhere means rebuilding those capabilities. The open question is whether B20 becomes a genuine standard other teams adopt or stays a Base-only convenience, and whether conditional settlement attracts real volume rather than demos.