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What Is ‘Fungibility’?

Fungibility is the property of an asset where each unit is perfectly interchangeable with any other unit.
Greeks.Live17.11.25

What Is ‘Fungibility’?

Fungibility is the property of an asset where each unit is perfectly interchangeable with every other unit of the same asset. For example, one US Dollar bill is fungible with any other US Dollar bill.

Cryptocurrencies like Bitcoin and Security Tokens are generally designed to be fungible.

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How Does True Fungibility Benefit a Currency?
What Is the Concept of “Fungibility” in the Context of ERC-20?

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