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.
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