I want to understand the difference between ERC20 and USDT ERC20. I know ERC20 is a token standard on the
Ethereum blockchain, but how does it compare to USDT ERC20, which is a specific type of USDT based on the Ethereum network? Are they interchangeable, and what are the main differences in their use cases and functionalities?
6 answers
Elena
Thu Nov 07 2024
USDT ERC20 represents a specific version of Tether.
Eleonora
Thu Nov 07 2024
This version operates on the Ethereum blockchain.
Ilaria
Thu Nov 07 2024
As an ERC20 token, it adheres to a technical standard.
Sara
Wed Nov 06 2024
ERC20 is a widely recognized standard for tokens on Ethereum.
Andrea
Wed Nov 06 2024
Tokens that comply with ERC20 can be easily integrated into various platforms.