How to Use the OpenZeppelin Contract Wizard to Create a Fungible Token

OpenZeppelin’s Contract Wizard has been updated to support Stellar’s Soroban platform, facilitating the creation of secure, standardized smart contracts for the Stellar network. The tutorial guides users on generating a fungible token (SEP-41) and deploying it on the Stellar testnet. Key steps include using the Contract Wizard to configure token parameters, such as its name, symbol, and pre-mint amount, and deploying it using Rust and Cargo with the Stellar CLI. The SEP-41 library is crucial for this setup but isn’t yet available as a Rust crate, requiring users to create a local module or utilize a GitHub example. This process underpins Stellar’s capability in the realm of asset tokenization, enhancing the network’s utility for developers. The content is relevant for the Stellar community interested in utilizing smart contracts and tokenization.