the primary reason that ERC20 exists is to ensure that Ethereum - based tokens perform in a predictable way throughout the ecosystem, such that decentralized applications and smart contracts are interoperable across the platform, and that
all tokens follow a fixed standard of security.
To paraphrase Coindesk, the primary reason that ERC20 exists is to ensure that Ethereum - based tokens perform in a predictable way throughout the ecosystem, such that decentralized applications and smart contracts are interoperable across the platform, and that
all tokens follow a fixed standard of security.