Cryptocurrency Q&A
What protocol is USDT?
What protocol is USDT?
SumoHonor
Sun Apr 13 2025
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7
answers
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I'm trying to understand what protocol USDT is. I've heard it mentioned in the context of cryptocurrencies, but I'm not sure about its specifics or how it fits into the broader landscape of digital assets and blockchain technology.
7 answers
CryptoVisionary
Tue Apr 15 2025
Understanding the protocols behind USDT is crucial for users and investors alike, as it impacts the functionality and compatibility of the token across different platforms and exchanges.
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SophieJones
Tue Apr 15 2025
By being issued on both ERC-20 and TRC-20 protocols, TetherUS is able to reach a broader audience and provide users with more options for storing, sending, and receiving the token.
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ethan_thompson_journalist
Tue Apr 15 2025
One of the primary protocols used by TetherUS is the ERC-20. This standard is widely adopted in the Ethereum blockchain ecosystem and facilitates the creation of smart contracts that define tokens with specific characteristics and behaviors.
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Bianca
Tue Apr 15 2025
The ERC-20 protocol ensures that USDT tokens issued on Ethereum are interoperable with a vast array of wallets, exchanges, and decentralized applications (dApps) that support this standard.
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CryptoDynastyLord
Tue Apr 15 2025
TetherUS, commonly referred to as USDT, operates on specific protocols that allow for its issuance and circulation within the cryptocurrency ecosystem.
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