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XERC20

xERC20 is an open crosschain token standard that lets approved bridges mint and burn the same token across chains while issuers retain contract ownership and configure per-bridge risk exposure.
Category: Cross-chain Infrastructure

Description

xERC20 is a crosschain-native token standard supported by multiple protocols to address the liquidity fragmentation, fungibility, and issuer-control issues of bridged ERC-20 tokens. It enables any number of trusted bridges to mint and burn a single token across chains, so users receive the same asset regardless of bridge. Token issuers retain control of token contracts on every chain and can select trusted bridges and set their exposure according to risk tolerance.