Cryptocurrency Q&A What is USDT ERC20 in Binance?

What is USDT ERC20 in Binance?

mia_harrison_painter mia_harrison_painter Tue Feb 25 2025 | 7 answers 2038
USDT ERC20 in Binance refers to Tether, a stablecoin pegged to the US dollar, in the ERC20 token standard on the Ethereum network. This allows for seamless transactions and compatibility with Ethereum-based applications within the Binance ecosystem. What is USDT ERC20 in Binance?

7 answers

Sara Sara Thu Feb 27 2025
By maintaining a stable value, USDT provides a means for quick and easy transactions with reduced risk associated with price fluctuations.

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CryptoPioneer CryptoPioneer Thu Feb 27 2025
Tether (USDT) is a cryptocurrency categorized as a “stablecoin.” It exists in the form of an ERC-20 token, adhering to the Ethereum blockchain's technical standards.

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DongdaemunTrendsetter DongdaemunTrendsetter Thu Feb 27 2025
This stablecoin is designed to offer users stability, which is a significant advantage over other cryptocurrencies known for their high volatility.

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Luca Luca Wed Feb 26 2025
BTCC, a leading cryptocurrency exchange, offers a range of services that include spot trading, futures trading, and wallet services. With BTCC, users can buy, sell, and store various cryptocurrencies, including Tether (USDT).

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KpopStarletShine KpopStarletShine Wed Feb 26 2025
Holders of USDT can enjoy the benefits of blockchain technology, including decentralized transactions and low fees, without worrying about the unpredictable nature of most cryptocurrencies.

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