KatanaSharp
Mon May 13 2024
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7 answers
1543
What is the difference between ERC-20 and usdt ERC-20?
Could you please elaborate on the distinction between ERC-20 and USDT ERC-20? I'm trying to understand the nuances between these two tokens and how they operate within the crypto ecosystem. ERC-20, as I understand, is a technical standard for smart contracts on the Ethereum blockchain, enabling the creation of fungible tokens. But what exactly does USDT ERC-20 mean? Is it a specific type of ERC-20 token? And how does it differ from other ERC-20 tokens? I'm particularly interested in understanding the use cases and functionalities of both, as well as any potential advantages or disadvantages of each. Thank you for your clarification.
Maria
Mon May 13 2024
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7 answers
1319
Can I send USDT ERC-20 to USDT TRC20?
I'm quite curious about a question regarding the transfer of cryptocurrencies. Could you possibly enlighten me on whether it's possible to send USDT ERC-20 tokens directly to a USDT TRC20 address? I understand that these are both representations of the same asset, Tether, but they seem to operate on different blockchain networks. Would a direct transfer between these two standards be feasible, or would it require some form of conversion first? Your insights would be greatly appreciated.
