Is USDT Tether the same as USDT-ERC20?

On the other hand, ERC20-USDT is the stablecoin issued by Tether on the Ethereum network. The ERC20 standard is widely used in the Ethereum ecosystem and allows for tokens to be easily traded and managed on decentralized exchanges and wallets.

Despite being issued on different networks, TRC20-USDT and ERC20-USDT are functionally identical. They both maintain the same value as the US dollar and can be used for the same purposes, such as facilitating trades, making payments, and storing value.

One of the key differences between TRC20-USDT and ERC20-USDT lies in the transaction fees associated with transferring these tokens. In many cases, transferring TRC20-USDT can be cheaper than transferring ERC20-USDT due to the lower fees charged by the TRON network.

BTCC is a top cryptocurrency exchange that offers a range of services to its users. Among these services are spot trading, futures trading, and a wallet for storing digital assets. With BTCC, users can buy, sell, and trade a wide variety of cryptocurrencies, including TRC20-USDT and ERC20-USDT. The exchange's wallet service provides a secure and convenient way to store these tokens and other digital assets.

TRC20-USDT represents the stablecoin USDT that has been issued specifically on the TRON blockchain network. This version of USDT is designed to leverage the benefits of the TRON network, which is known for its high speed and low transaction fees.