TRC20 Token development involves creating digital assets on the TRON blockchain adhering to the TRC20 standard. This process ensures tokens are compatible with TRON's ecosystem, enabling functionalities like smart contracts, decentralized applications (dApps), and seamless transactions. Developers use TRON's Solidity-based tools to design, test, and deploy tokens, ensuring high-speed transactions and low fees, fostering robust decentralized financial applications.