Introduction to ERC20 Token Standards

The ERC-20 token standard revolutionized the world of blockchain-based assets on Ethereum. By setting a common set of rules and functions, it simplified token creation and management.

ERC-20 tokens gained popularity due to their interoperability, allowing seamless integration with wallets, exchanges, and a wide range of decentralized applications (DApps) within the Ethereum ecosystem.

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Difference between Asset tokens and Stable Coins

Asset tokens and stablecoins differ in their nature and purpose. Asset tokens represent ownership or fractional ownership of real-world assets like real estate or commodities. They offer potential investment opportunities and increased liquidity.

Stablecoins, on the other hand, are cryptocurrencies designed to maintain a stable value by pegging them to external assets, typically fiat currencies. Stablecoins provide stability for transactions and serve as reliable stores of value within the volatile cryptocurrency market.

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