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What is ERC-20?

The Ethereum blockchain’s fungible token standard, known as Ethereum Request for Comment 20 (ERC-20), provides guidelines for the development of new tokens on the Ethereum blockchain so that they may be used interchangeably with other tokens in smart contracts.

The ERC-20 standard is utilized by many well-known digital currencies. Popular examples include:

Token USD (USDT);
USD Coin (USDC);
Inu Shiba (SHIB);
USD Binance (BUSD);
… and more.

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