What is bep-20?

BEP-20 is a Binance Smart Chain token standard created with the intention of extending ERC-20. What Is BEP-20? BEP-20 is a Binance Smart Chain token standard created with the intention of extending ERC-20, which is one of the most common Ethereum token standards out there.

What is the difference between ERC20 and bep-20?

BEP-20 was created as an extension of ERC-20, the originator of the standard for which tokens are made. Because BEP-20 is essentially built from the same blueprint as ERC-20, the two are compatible in their corresponding networks.

What is the bep20 standard on Binance smart chain?

The BEP20 token standard on BSC applies to any token that is launched or created on Binance Smart Chain’s platform. Examples of such tokens are utility tokens, stablecoins, and security tokens. Another category of coins, known as “Peggy Coins”, are also built using the BEP20 standard and can be pegged to different assets.

What's the smart contract address for tether USD (bep-20)?

What's the smart contract address for Tether USD (BEP-20)? Tether USD (BEP-20) 's smart contract address is 0x55d398326f99059ff775485246999027b3197955.