Ethereum & Smart Contracts
ERC-20
The standard for fungible tokens on Ethereum, where every unit is identical and interchangeable. Because it defines a common set of functions, wallets and exchanges can support any ERC-20 token. Most stablecoins and DeFi tokens follow it.
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General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.