NFTs
Most NFTs are based on the ERC721 or ERC1155 standards, not ERC20.
Each NFT has unique characteristics, making them non-fungible and not interchangeable.
This uniqueness allows for varying valuations, unlike the interchangeable nature of stablecoins, which maintain consistent value relative to one another. Person A’s bored ape is not interchangeable with Person B’s bored ape.
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