ERC20 tokens are fungible, meaning that each unit of the token is interchangeable with another unit of the same token. It can be used for various purposes, such as currency, loyalty programs, and asset representation. So if you are looking to develop a token in ERC20 standards, Addus Technologies is the leading ERC20 token development company. It offers a team of professionals to create a token with ERC20 standards within a short period.