Cryptocurrency Q&A
Is USDT ERC-20 or TRC20?
Is USDT ERC-20 or TRC20?
Andrea
Sun Dec 01 2024
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6 answers
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I'm trying to figure out whether USDT is based on the ERC-20 standard or the TRC20 standard. I need to know this information to ensure compatibility with the platform I'm using for my cryptocurrency transactions.
6 answers
Elena
Tue Dec 03 2024
Despite being two different implementations, the functional and monetary value of USDT remains consistent across both TRC20 and ERC20 standards.
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SamsungShineBrightnessRadiance
Tue Dec 03 2024
Users can freely convert or use either type of USDT interchangeably within the ecosystem of supported platforms and exchanges.
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DondaejiDelightful
Tue Dec 03 2024
One notable difference lies in the transaction fees associated with transferring these tokens.
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EchoWave
Tue Dec 03 2024
TRC20-USDT represents the USDT token issued specifically on the TRON blockchain network.
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Sofia
Tue Dec 03 2024
In contrast, ERC20-USDT denotes the version of USDT that is minted and distributed by Tether on the Ethereum network.
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