Cryptocurrency Q&A
What is a USDT ERC20 address?
What is a USDT ERC20 address?
Skywalker
Thu Jan 02 2025
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6 answers
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I'm trying to understand cryptocurrency and specifically, USDT. I've come across the term 'USDT ERC20 address' and I'm not sure what it means. Could someone explain this to me in simple terms?
6 answers
Caterina
Sat Jan 04 2025
Tether ERC-20 represents a unique variant of the Tether (USDT) cryptocurrency.
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Bianca
Sat Jan 04 2025
It is specifically crafted on the Ethereum platform, adhering to the ERC-20 standard.
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NebulaNavigator
Sat Jan 04 2025
Unlike traditional stablecoins, which aim to maintain a fixed value of $1.00, Tether ERC-20's issuance occurs on the Ethereum blockchain.
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Sara
Fri Jan 03 2025
This distinction sets it apart from Tether tokens issued on other blockchain networks like Bitcoin.
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GeishaCharming
Fri Jan 03 2025
The primary objective of a stablecoin, including Tether ERC-20, is to provide a digital asset with minimal volatility.
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