The term "Token" in the world of digital currencies refers to a unit of value that is often issued on an already existing blockchain network, such as the Ethereum network or BNB Smart Chain. Here is a simplified explanation that can be used as content:

What is a Token in digital currencies?

A Token is a digital asset created on a blockchain network, representing different things such as:

- Digital currency

- Right to use a service

- Ownership of a product or project

- Or even ownership of a non-fungible token (NFT)

The difference between a Coin and a Token:

A Coin like Bitcoin or Ethereum has its own blockchain.

A Token like USDT or SHIBA is built on an existing blockchain such as Ethereum.

Types of tokens:

1. Utility Tokens – Used to access specific services in a project.

2. Security Tokens – Represent ownership in an asset or project and may be subject to legal regulation.

3. Governance Tokens – Give the holder the right to vote on project decisions.

4. Stablecoins – Tokens pegged to the value of a real currency like the dollar (such as USDT)