Cryptocurrency Q&A Is USDT Tether the same as USDT TRC20?

Is USDT Tether the same as USDT TRC20?

HallyuHeroine HallyuHeroine Mon Dec 02 2024 | 5 answers 1027
I've been hearing a lot about USDT and USDT TRC20 recently, and I'm wondering if they are the same thing. I know that USDT is a stablecoin issued by Tether, but what about USDT TRC20? Is it just another form of USDT, or is it something completely different? I would appreciate some clarification on this matter. Is USDT Tether the same as USDT TRC20?

5 answers

Maria Maria Tue Dec 03 2024
One notable advantage of TRC20-USDT is that transfer fees on the Tron network are often cheaper compared to the Ethereum network.

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ZenHarmony ZenHarmony Tue Dec 03 2024
TRC20-USDT denotes the version of USDT that is issued specifically on the TRON network.

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KabukiPassion KabukiPassion Tue Dec 03 2024
On the other hand, ERC20-USDT is the variant of USDT issued by Tether on the Ethereum network.

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Claudio Claudio Tue Dec 03 2024
Despite being issued on different blockchains, TRC20-USDT and ERC20-USDT are functionally identical in all respects.

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CryptoAce CryptoAce Tue Dec 03 2024
When it comes to transferring these tokens, fees can vary depending on the network used.

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