Differences between eUSDT & tUSDT

Hi Deriv Community Members, :bulb:


Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner.

But do you know what is the difference between eUSDT and tUSDT ?

eUSDT is Tether as an ERC20 token (eUSDT) is a version of Tether that is hosted on Ethereum, the network that needs to be used is ERC20 when depositing.

tUSDT on the other hand, stands for “Tron-based Tether.” Similar to eUSDT, TUSDT refers to USDT tokens that are issued and managed on the Tron blockchain. These tokens are built using the TRC-20 standard, which is specific to the Tron network. TUSDT provides compatibility with the Tron network’s features and DApps.

Please be informed that you need to send USDT crypto for both eUSDT and USDT deposits.

Hope this information helps :bulb:

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