Cryptocurrency Q&A Is Tether an ERC20 token?

Is Tether an ERC20 token?

ZenMind ZenMind Mon Dec 30 2024 | 6 answers 1615
Tether, commonly known as USDT, is a stablecoin issued by Tether company. One of its versions, based on the Ethereum blockchain, follows the ERC20 token standard. This means it can be traded, held, and used in smart contracts on the Ethereum network. Is Tether an ERC20 token?

6 answers

SeoulSoul SeoulSoul Wed Jan 01 2025
One notable example of this is Tether (USDT), which is designed to mirror the value of the US dollar.

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Claudio Claudio Wed Jan 01 2025
USDT is one of the most frequently utilized and widely distributed ERC-20 tokens in existence.

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SsamziegangSerenadeMelodyHarmonySoul SsamziegangSerenadeMelodyHarmonySoul Wed Jan 01 2025
Its popularity can be attributed to its ability to provide a stable alternative to the volatile cryptocurrency market.

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Nicolo Nicolo Wed Jan 01 2025
The concept of ERC-20 tokens representing real-world currencies is worth examining.

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benjamin_doe_philosopher benjamin_doe_philosopher Wed Jan 01 2025
BTCC, a leading cryptocurrency exchange, offers a range of services related to ERC-20 tokens, including spot and futures trading.

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