What is TRC20?
TRC20 (TRC20 Token Standard) is a token standard based on the implementation of smart contract when using TRON network to issue a token. TRC-20 tokens offer all the same benefits as ERC-20 tokens. However, with Ethereum frequently suffering from congestion, resulting in high fees and a poor user experience, Tron-based tokens offer a convenient workaround.
Tether is perhaps the biggest and best-known project using the TRC-20 token standard.