Cryptocurrency Q&A
What is USDT ERC-20?
What is USDT ERC-20?
Maria
Sat Mar 29 2025
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6
answers
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USDT ERC-20 is a stablecoin based on the ERC-20 token standard on the Ethereum blockchain. It is pegged to the US dollar at a 1:1 ratio, providing stability in the volatile cryptocurrency market. USDT ERC-20 allows for seamless transfers and trades on Ethereum-based platforms, making it widely used in crypto transactions and DeFi applications.
6 answers
SakuraDance
Mon Mar 31 2025
USDT ERC20 represents a specific type of Tether token that is compatible with the Ethereum network.
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BlockchainBaron
Mon Mar 31 2025
It is one of several ERC20 tokens in existence, which also include notable names such as BUSD, SHIB, USDC, and DAI.
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Nicola
Sun Mar 30 2025
These ERC20 tokens share a common set of features and functionalities.
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GyeongjuGloryDaysFestivalJoy
Sun Mar 30 2025
One of the key characteristics of ERC20 tokens is their reliance on the Ethereum Virtual Machine (EVM).
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Valeria
Sun Mar 30 2025
The EVM serves as a crucial platform that enables users and developers to create new tokens and assign specific functions to them.
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