ERC20 vs TRC20

The protocol used by USDT-Omni is the Omni layer protocol built on the BTC blockchain network. USDT20-ERC20 is the USDT issued by Tether based on the ETH network . Its deposit address is the ETH address, with deposits and withdrawals taking place on the ETH network. The protocol of USDT-ERC20 is the ERC20 protocol.

USDT is a cryptocurrency issued by Tether, that is compatible with the Ethereum/ERC20 and Tron/TRC20 networks .

Binance Halts OMNI Network Support The world’s leading stablecoin, Tether’s USDT, currently uses the OMNI network (among others) and has about $1.3 billion USDT in circulation on it. However, according to Binance’s official exchange wallet dashboard, the current fees to withdrawal USDT through OMNI is $28.