Cryptocurrency Q&A
What coins are on ERC-20?
What coins are on ERC-20?
BusanBeautyBlooming
Sun Aug 18 2024
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5 answers
1436
Can you please elaborate on the ERC-20 standard and provide a list of some of the coins that are built on this protocol? ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain that allows for the creation of fungible tokens. These tokens can represent a wide range of assets, including but not limited to, cryptocurrencies, utility tokens, and security tokens. I'm curious to know which specific coins utilize this standard and what benefits they derive from it.
5 answers
EclipseRider
Mon Aug 19 2024
ERC-20 tokens are a widely-adopted standard for creating and issuing tokens on the Ethereum blockchain. These tokens offer numerous advantages, including interoperability, ease of use, and the ability to represent a wide range of assets and utilities.
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KimonoElegant
Mon Aug 19 2024
BTCC, a top cryptocurrency exchange, offers a wide range of services for traders and investors in the cryptocurrency space. These services include spot trading, futures trading, and a secure wallet for storing digital assets. With its comprehensive offering, BTCC has become a popular choice for those looking to get involved in the cryptocurrency market.
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Martina
Mon Aug 19 2024
Among the most prominent ERC-20 tokens are Tether (USDT), which is a stablecoin pegged to the value of the US dollar, and Lido Staked Ether (stETH), which represents a staking derivative of Ether, allowing holders to earn rewards while maintaining liquidity.
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SolitudeSerenade
Mon Aug 19 2024
USDC, another stablecoin, is also included in this list, offering a similar level of stability and trustworthiness as USDT. Wrapped liquid staked Ether 2.0 (wstETH) is a derivative of Ether 2.0, which is the upcoming upgrade to the Ethereum network, and offers exposure to the staking rewards of the new network.
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Marco
Mon Aug 19 2024
The table provided gives an overview of the current price and market capitalization of these four ERC-20 tokens. Tether, with a market cap of $112.77 billion, is the largest of the four, while Lido Staked Ether and USDC follow closely behind with market caps of $33.27 billion and $32.72 billion respectively.
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