Cryptocurrency Q&A What does USDT TRC20 mean?

What does USDT TRC20 mean?

BitcoinBaron BitcoinBaron Fri Mar 07 2025 | 6 answers 1071
USDT TRC20 refers to Tether stablecoin based on the TRON blockchain, using the TRC20 token standard. It is a digital currency whose value is pegged to the US dollar, maintaining a 1:1 ratio, aiming to provide a stable value anchor in the volatile cryptocurrency market. What does USDT TRC20 mean?

6 answers

SamuraiBrave SamuraiBrave Sun Mar 09 2025
TRC20-USDT is a digital asset that represents the United States dollar on the blockchain.

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Davide Davide Sat Mar 08 2025
BTCC is a leading cryptocurrency exchange that offers a range of services for traders and investors. Among its offerings are spot trading, futures trading, and a wallet service.

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BenjaminMoore BenjaminMoore Sat Mar 08 2025
It is issued by Tether, a company known for issuing stablecoins pegged to various fiat currencies.

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BitcoinBaronGuard BitcoinBaronGuard Sat Mar 08 2025
TRC20-USDT specifically operates on the TRON network, a blockchain platform designed for high throughput and low fees.

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BitcoinWarrior BitcoinWarrior Sat Mar 08 2025
When using TRC20-USDT, deposit addresses are always Tron addresses. This is crucial to remember when sending or receiving funds.

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