ERC-20 Definition
The ERC-20 (Ethereum Request for Comments 20) is the foundational technical standard used for creating and issuing fungible tokens on the Ethereum blockchain, p
The ERC-20 (Ethereum Request for Comments 20) is the foundational technical standard used for creating and issuing fungible tokens on the Ethereum blockchain, providing a common set of rules that ensure interoperability across the entire Ethereum ecosystem, including wallets, exchanges, and decentralized applications (dApps). Proposed by Fabian Vogelsteller in 2015, this standard defines a mandatory set of six functions and two events that a token smart contract must implement, which has since enabled the creation of thousands of digital assets, including stablecoins like USDC and utility tokens for Decentralized Finance (DeFi) protocols.