ERC20 Token Development involves creating digital tokens on the Ethereum blockchain that follow the ERC20 standard, ensuring seamless compatibility with wallets, exchanges, and DeFi platforms. These tokens are widely used for ICO launches, crowdfunding, staking, and utility-based ecosystems. Businesses prefer ERC20 tokens for their security, transparency, and flexibility. With smart contract integration and easy scalability, ERC20 token development offers a reliable way to build trust and liquidity in the digital asset market.