Cryptocurrency Q&A
Is USDT TRC20 a stablecoin?
Is USDT TRC20 a stablecoin?
Luca
Thu Mar 27 2025
|
5
answers
1295
USDT TRC20 is a cryptocurrency issued by Tether and is based on the TRC20 standard established by TRON. It is widely recognized as a stablecoin due to its value being pegged to the US dollar, providing stability in the volatile cryptocurrency market.
5 answers
SumoHonorable
Fri Mar 28 2025
With Tether, users can expect a predictable value in the long term, minimizing the risk of volatility.
Was this helpful?
315
88
Maria
Fri Mar 28 2025
Tether is essentially a stablecoin designed to maintain a fixed value.
Was this helpful?
380
87
DigitalWarrior
Fri Mar 28 2025
It is anchored to the United States Dollar, with a ratio of 1 to 1. This mechanism ensures its stability.
Was this helpful?
359
67
CryptoLegend
Fri Mar 28 2025
Due to this peg, Tether's value remains relatively constant, unlike many other cryptocurrencies.
Was this helpful?
96
61
Paolo
Fri Mar 28 2025
This stability makes it an attractive option for use as a payment method.
Was this helpful?
145
61
