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Cryptocurrency Q&A What does USDT ERC-20 mean?

What does USDT ERC-20 mean?

SamsungShineBrightnessRadianceGlitter SamsungShineBrightnessRadianceGlitter Mon Oct 21 2024 | 7 answers 1676
USDT ERC-20 refers to a type of stablecoin issued by Tether on the Ethereum blockchain, using the ERC-20 smart contract standard. USDT is pegged to the US dollar, maintaining a 1:1 ratio, and can be redeemed for USD. The ERC-20 standard allows for seamless integration with other Ethereum-based tokens and decentralized applications, providing efficient and secure transactions. What does USDT ERC-20 mean?
usdt erc-20 meaning

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