Cryptocurrency Q&A
Is USDT TRC20 a stable coin?
Is USDT TRC20 a stable coin?
Alessandro
Thu Mar 27 2025
|
7
answers
1643
USDT TRC20 is a stablecoin issued by Tether and based on the TRON blockchain's TRC20 standard. It is designed to maintain a stable value, typically pegged to the US dollar, offering stability in the volatile cryptocurrency market. USDT TRC20 enables fast and secure transactions, making it a popular choice for digital payments and exchanges.
7 answers
GyeongjuGloryDaysFestivalJoy
Sat Mar 29 2025
Tether is essentially a stablecoin designed to maintain a stable value.
Was this helpful?
244
78
Silvia
Sat Mar 29 2025
It is pegged to the United States Dollar at a ratio of 1 to 1.
Was this helpful?
73
33
henry_harrison_philosopher
Sat Mar 29 2025
This peg ensures that the value of Tether remains relatively constant.
Was this helpful?
298
78
Sara
Fri Mar 28 2025
Due to this stability, Tether is not prone to the same level of volatility as other cryptocurrencies.
Was this helpful?
364
77
GalaxyWhisper
Fri Mar 28 2025
As a result, it can be utilized as a reliable means of payment.
Was this helpful?
235
66
Load 5 more related questions
