Understanding the TRC20 Token Standard on TRON

TRC20 is a technical standard used on the TRON blockchain for the creation and management of smart contract-based tokens. Released in 2018, the most prominent TRC20 token is Tether USDT (USDT-TRON), pegged 1:1 to the US dollar.

One of the key advantages of TRC20 tokens is their very low transaction fees compared to the Ethereum network. The TRON blockchain processes thousands of transactions per second, making TRC20 ideal for high-frequency USDT transfers. All TRC20 wallet addresses begin with the letter T.