Is USDT OMNI or ERC-20?

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.

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Is USDT a OMNI Binance?

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.

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Is USDT a TRC20 token?

TRC20, also known as USDT-TRON, is Tether’s USDT that is issued on the TRON network. It is a technical standard token , and It works based on TRON’s network or blockchain, using TRON’s address, which means that all transactions made with the TRC20 take place on the TRON network.

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