TRC20 is the standard used for tokens created and transferred on the Tron blockchain. This standard establishes the technical rules by which tokens in the TRON ecosystem operate, including popular stablecoins like USDT TRC20.
In practice, when users send USDT through the Tron network, they most often use the TRC20 standard.
TRC20 has become popular due to:
- fast transfers
- low fees
- compatibility with many wallets and exchanges
- frequent use for USDT transfers
Compared to other standards like ERC20 on the Ethereum network, TRC20 is preferred by many users for its lower transaction costs.
TRC20 tokens can be stored in wallets compatible with the Tron network, such as Trust Wallet or TronLink.