Cryptocurrency Q&A Is tether usdt ERC-20?

Is tether usdt ERC-20?

Martino Martino Thu Jan 02 2025 | 5 answers 761
I am trying to understand if Tether USDT is based on the ERC-20 standard. I want to know if USDT tokens are ERC-20 compliant or not, as this information is crucial for my understanding and usage of the token. Is tether usdt ERC-20?

5 answers

Alessandro Alessandro Sat Jan 04 2025
Despite their similarity, there are differences in the transaction fees associated with transferring these tokens.

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Carlo Carlo Sat Jan 04 2025
One notable advantage of using TRC20-USDT is that the fees for transferring this token on the Tron network are often cheaper compared to the fees on the Ethereum network.

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InfinityRider InfinityRider Sat Jan 04 2025
TRC20-USDT represents the USDT token issued specifically on the TRON blockchain network.

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Margherita Margherita Sat Jan 04 2025
BTCC is a prominent cryptocurrency exchange that offers a range of services. These services include spot trading, futures trading, and a wallet service.

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KatanaSharpened KatanaSharpened Sat Jan 04 2025
On the other hand, ERC20-USDT is the version of USDT that is issued by Tether on the Ethereum network. Both of these tokens serve the same purpose and are identical in nature.

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