Cryptocurrency Q&A Is tether usdt ERC20?

Is tether usdt ERC20?

Stefano Stefano Mon Dec 30 2024 | 7 answers 1641
I'm trying to figure out if Tether's USDT is an ERC20 token. I've heard about different types of tokens and I want to make sure I understand which category USDT falls into. Is tether usdt ERC20?

7 answers

Martina Martina Wed Jan 01 2025
This is due to the differences in the fee structures of the two networks.

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CoinMasterMind CoinMasterMind Wed Jan 01 2025
ERC20-USDT, on the other hand, is issued by Tether on the Ethereum network.

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BlockProducer BlockProducer Wed Jan 01 2025
Despite being issued on different networks, TRC20-USDT and ERC20-USDT are identical in terms of their value and function.

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Caterina Caterina Wed Jan 01 2025
When it comes to transferring USDT, fees can vary depending on the network being used.

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BusanBeautyBlooming BusanBeautyBlooming Wed Jan 01 2025
TRC20-USDT is a type of USDT that is issued on the TRON network.

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