Basic information:

  • Pegged currency: US dollar
  • Issue date: 2014
  • Company: Tether Limited
  • Market value: about $2.2 billion (as of 2019.3)

There are many types of USDT released by Tether, two common ones:

TRON-based USDT

This type of USDT token is based on the TRON TRC-20 standard. Transferring tokens on TRON consumes Bandwidth and Energy.

More about What is TRON Bandwidth and Energy?

Note: Do not use Bitcoin child address for USDT receipts.

Ethereum-based USDT

This type of USDT token is based on the Ethereum ERC-20 standard. The receiving address is the same as the Ethereum address. The transfer transaction requires Ethereum to be used as miner's fee.