# Supported tokens

**Supported Tokens Within FrogPay**

*At the heart of FrogPay's financial ecosystem is a diverse array of supported tokens, each fulfilling a specific role to cater to the varied needs of our users.*

* **FRGP**: The primary utility and governance token of FrogPay, denoted by the symbol FRGP, is an ERC20 token. It plays a pivotal role in enabling transactions, participating in governance through the DAO, and staking for various platform functionalities.
* **ERC20 Tokens**: The protocol extends support to all ERC20 tokens, a standard for creating and issuing smart contracts on the Ethereum blockchain.&#x20;
* **Stablecoins**: For default peer-to-peer transfers, FrogPay has chosen USDC as the stablecoin of choice. USDC is widely recognized for its stability and is pegged to the US dollar, making it a reliable medium for transactions and value storage.


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