WooCommerce: How to Bulk Generate Coupons Without a Plugin

/**
 * @snippet       Bulk Generate Coupons @ WordPress Admin
 * @how-to        Get CustomizeWoo.com FREE
 * @author        Rodolfo Melogli
 * @compatible    WooCommerce 6
 * @donate $9     https://businessbloomer.com/bloomer-armada/
 */

add_action( 'admin_init', 'bbloomer_generate_coupons_admin' );

function bbloomer_generate_coupons_admin() {	
	if ( isset( $_REQUEST['bb-gen-coupons'] ) ) {		
		if ( ! current_user_can( 'manage_woocommerce' ) ) {
			wp_die( 'You do not have permission to bulk generate coupons' );
		}		
		$number_of_coupons = 100; // DEFINE BULK QUANTITY		
		for ( $i = 1; $i <= $number_of_coupons; $i++ ) {
			$coupon = new WC_Coupon();
			$random_code = bin2hex( random_bytes( 8 ) ); // 16 CHARS PHP 7+ ONLY
			if ( wc_get_coupon_id_by_code( $random_code ) ) continue; // SKIP IF CODE EXISTS 
			$coupon->set_code( $random_code );
			$coupon->set_description( 'Coupon generated programmatically (' . $i . '/' . $number_of_coupons . ')' );
			$coupon->set_discount_type( 'percent' );
			$coupon->set_amount( 20 );
			$coupon->set_minimum_amount( 1 );
			$coupon->set_individual_use( true );
			$coupon->set_product_categories( array( 54, 55 ) );
			$coupon->set_usage_limit_per_user( 1 );
			$coupon->save();			
		}	
	}
}