Cryptocurrency Q&A Is USDT ERC20 or TRC20?

Is USDT ERC20 or TRC20?

KpopStarlight KpopStarlight Mon May 13 2024 | 5 answers 1068
Could you please clarify for me if USDT is ERC20 or TRC20? I've been hearing about both standards in the context of cryptocurrencies, but I'm still a bit confused about the differences and which one USDT falls under. ERC20 seems to be a widely used standard on the Ethereum blockchain, while TRC20 is associated with the Tron network. Given that USDT is a stablecoin designed to maintain a 1:1 peg with the US dollar, I'm curious to know which of these two standards it adheres to. Could you enlighten me on this matter? Your explanation would be greatly appreciated. Is USDT ERC20 or TRC20?

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