Ethereum supports a plethora of token standards in the crypto space. But, one of the token standards that has been gaining immense popularity among investors, crypto enthusiasts, and startups. That is ERC20. It stands for Ethereum Request for Comments.
When it comes to token creation, most of the entrepreneurs now consider opting for ERC20 token development because of its popularity and scalability. Moreover, they can easily be interchanged with other tokens.