Cryptocurrency Q&A
What coins use TRC20?
What coins use TRC20?
CryptoPioneer
Mon Dec 02 2024
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7 answers
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Coins that use TRC20 include USDT, among others. USDT, specifically the TRC20-USDT, is a stablecoin issued by Tether based on the TRON network. It is pegged to the US dollar, ensuring stability, and has gained widespread adoption due to its fast transaction speeds, low fees, and security.
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CryptoPioneerGuard
Wed Dec 04 2024
One of the most popular TRC-20 tokens is Tether USD (USDT). With a price of $1.00, USDT maintains a stable value relative to the US dollar, making it a preferred choice for traders and investors seeking stability in volatile markets.
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CryptoNinja
Wed Dec 04 2024
Wrapped Ether (WETH) is another TRC-20 token worth mentioning. Unlike stablecoins like USDT and USDC, WETH is an Ethereum-based token wrapped to operate on the TRON blockchain. It currently trades at $3,575.31.
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Margherita
Wed Dec 04 2024
The market capitalization of Tether USD (USDT) stands at an impressive $133.25 billion. This figure highlights the widespread adoption and trust in the token, positioning it as a key player in the cryptocurrency industry.
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DondaejiDelightful
Wed Dec 04 2024
Another notable TRC-20 token is USDC (USDC). Similar to USDT, USDC also maintains a stable value of $1.00, making it a reliable option for those looking to hedge against market volatility.
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Ilaria
Wed Dec 04 2024
The market capitalization of USDC is $39.44 billion, indicating its significant presence in the cryptocurrency market. With such a high market cap, USDC has established itself as a reliable and trusted stablecoin.
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