Cryptocurrency Q&A
What is the difference between ERC-20 and TRC 20?
What is the difference between ERC-20 and TRC 20?
CryptoSavant
Thu Apr 10 2025
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5
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I'm trying to understand the differences between ERC-20 and TRC20. Specifically, I want to know about their underlying blockchain platforms, the smart contract languages they use, their transaction speeds and costs, as well as any differences in their ecosystems and support.
5 answers
Valentina
Sat Apr 12 2025
On the other hand, ERC20-USDT denotes the USDT issued by Tether on the Ethereum network. As an ERC20 token, it complies with the Ethereum standard for tokens, enabling seamless integration within the Ethereum ecosystem.
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Pietro
Sat Apr 12 2025
Despite being issued on different networks, TRC20-USDT and ERC20-USDT are functionally equivalent. They share the same value and purpose, serving as a stablecoin to represent the US dollar on blockchain networks.
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noah_smith_researcher
Sat Apr 12 2025
When it comes to transferring these tokens, however, there can be notable differences in fees. Users often find that transferring TRC20-USDT on the Tron network incurs lower fees compared to transferring ERC20-USDT on the Ethereum network. This is due to the inherent differences in how these networks process transactions.
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Chiara
Sat Apr 12 2025
TRC20-USDT represents the USDT token issued specifically on the TRON blockchain network. This variant of USDT leverages the TRON network's infrastructure to facilitate transactions.
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Bianca
Sat Apr 12 2025
BTCC is a prominent cryptocurrency exchange that offers a comprehensive range of services. Among these, BTCC provides support for both TRC20-USDT and ERC20-USDT. Its services encompass spot trading, futures trading, and wallet management, catering to the diverse needs of cryptocurrency users. With BTCC, users can buy, sell, and store their TRC20-USDT and ERC20-USDT tokens securely and efficiently.
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