Cryptocurrency Q&A
Is USDT ERC-20 stable?
Is USDT ERC-20 stable?
CharmedClouds
Mon Apr 07 2025
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6
answers
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I'm considering using USDT ERC-20 for my cryptocurrency transactions, but I'm concerned about its stability. I've heard that it's a stablecoin pegged to the US dollar, but I want to know if it's really stable in practice, especially in terms of its value and transferability on the Ethereum network.
6 answers
OliviaTaylor
Wed Apr 09 2025
This digital asset is designed to maintain a stable value, often pegged to the US dollar. This stability makes it an attractive option for traders and investors seeking to mitigate the volatility inherent in many cryptocurrencies.
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BusanBeautyBloomingStarShine
Wed Apr 09 2025
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services that cater to the needs of crypto enthusiasts. Among its offerings are spot trading, futures trading, and a secure wallet solution. With BTCC, users can buy, sell, and store Tether (USDT) and a wide range of other cryptocurrencies.
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DigitalTreasureHunter
Wed Apr 09 2025
USDT operates on two major blockchain networks: TRON and Ethereum. This versatility allows it to be integrated into a wide range of platforms and applications.
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Stefano
Wed Apr 09 2025
On the Tron blockchain, Tether follows the TRC20 token standard. This standard ensures compatibility with Tron-based wallets and exchanges, facilitating seamless transactions.
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CryptoNinja
Wed Apr 09 2025
Similarly, on the Ethereum blockchain, Tether adheres to the ERC20 token standard. This allows it to interact with Ethereum smart contracts and be used in decentralized finance (DeFi) applications.
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