Is Coinbase Tether TRC20?

Coinbase announced on Thursday that its Pro trading platform will add stablecoin Tether (USDT). Coinbase Pro will list ERC-20 based USDT over Tether’s in-house Tron network (TRC-20) as early as next week . Tether is a stablecoin available across several blockchains that is pegged to the US dollar.

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Is USDT TRX the same as TRC20?

The USDT issued on TRC20 and ERC20 are both identical , however fees to transfer this USDT can often be cheaper on the Tron network using TRC20. Deposit addresses for these are always Ethereum addresses and these deposits / withdrawal transactions occur on the Ethereum network.

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Is TRC20 same as ERC20?

TRC20-USDT refers to USDT issued on the TRON network, ERC20-USDT refers to USDT issued by Tether on the Ethereum network. The USDT issued on TRC20 and ERC20 are both identical , however fees to transfer this USDT can often be cheaper on the Tron network using TRC20.

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What coin uses TRC20?

These tokens can be used as a dApp’s currency. Like Ethereum has ERC20 tokens, TRON has TRC10 and TRC20 tokens. TRC10 is a technical token standard, and TRC20 is a technical standard used for smart contracts on the TRON blockchain .

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