The TRC20 standard defines rules for creating fungible tokens on the Tron blockchain. It ensures all tokens follow a consistent structure so wallets, exchanges, and dApps can interact with them seamlessly. TRC20 tokens include essential functions such as transfer, approve, and transferFrom, allowing secure token management and delegated transfers. Events like Transfer and Approval provide transparency for transactions. Standardization simplifies integration into decentralized applications, DeFi protocols, and exchanges, while also ensuring predictable token behavior. Using TRC20 tokens reduces development complexity, prevents errors, and enables fast, low-cost transactions on the Tron network, making it ideal for utility tokens, fundraising, and stablecoins.
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