Is ERC20 a Binance?

Excuse me, but could you clarify something for me? I've been hearing a lot about ERC20 and Binance recently, and I'm a bit confused about the relationship between them. Is ERC20 actually a part of Binance, or are they separate entities? Could you explain the difference between them, if there is any? I'm really trying to wrap my head around this cryptocurrency world, and your insights would be greatly appreciated." In asking this question, I am seeking clarification on a fundamental aspect of the cryptocurrency ecosystem. ERC20 and Binance are terms that I've encountered frequently, but their exact relationship remains unclear to me. As a newcomer to this field, I am eager to understand the nuances and distinctions between various components of the cryptocurrency world. Your explanation would help me gain a deeper understanding of this rapidly evolving industry.