Cryptocurrency Q&A Is ERC-20 the same as Usdt?

Is ERC-20 the same as Usdt?

noah_stokes_photographer Sat Jul 27 2024 | 7 answers 1224

Excuse me, but could you clarify something for me? I've been hearing a lot about ERC-20 and USDT, and I'm wondering if they're essentially the same thing. From what I understand, ERC-20 is a technical standard for tokens on the Ethereum blockchain, while USDT is a stablecoin pegged to the value of the US dollar. But are they interchangeable or do they serve different purposes within the cryptocurrency ecosystem? I'd appreciate any insights you could provide. Is ERC-20 the same as Usdt?

Is ERC-20 the same as Usdt?

erc-20 usdt same

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