EIP-7281: Sovereign Bridged Token

Initiative Name	EIP-7281: Sovereign Bridged Token
Organization	Connext Network
Type	Standard
Description	EIP-7281, also known as xERC20, offers an extension to the ERC-20 token standard to address issues related to token sovereignty, fungibility, and cross-domain security. The proposal empowers token issuers by placing token ownership control in their hands, letting them choose and modify bridge support. This system limits risks associated with bridge vulnerabilities, facilitating seamless bridge delisting if needed, without causing user disruptions. EIP-7281 enhances the user experience and incentives around bridging.
Ecosystem	Ethereum
Public Participants	Arjun Bhuptani (Connext Network) Shaito Excalibor
Link	https://ethereum-magicians.org/t/erc-7281-sovereign-bridged-tokens/14979