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by CryptoPunk 2789 days ago
Note I have no affiliation with Circle or Coinbase.

Ethereum tokens have far wider support among industry players and consumers, and a far larger set of compatible applications (e.g. state channel networks that allow near-free and instant ERC20 transactions, like Celer).

>>while their token contracts are way easier to setup

Setting up an ERC20 contract is literally a copy, paste, brand and broadcast job. In any case the technical cost of setup is not a factor that's relevant to large companies.