Tether ERC20 Token
ERC is short for “Ethereum Request for Comments”, a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens.
ERC20 is the technical standard number 20 and Token is basically a “Smart Contract”. ERC20 Token means the smart contract complied technical standard number 20. The majority of tokens issued on the Ethereum blockchain are ERC-20 compliant.
Tether USD Token (USDT) is a type of token which Tether (tether.to) company issues. The company promises to exchange 1 USD for each token. In the past, Tether solely issued OMNI (a bitcoin standard) compliant token, but they start to release ERC20 compliant Ethereum token recently.
Tether ERC20 token is better than Tether Omni token in terms of speed. So, Tether ERC20 Token has been adopted widely to replace Tether Omni Token.
Remitano will support ERC20 from July 03th, 2019
Remitano will officially support ERC20 compliant USDT Wallet to bring the fast and reliable experiences to its customers. Users can choose between the Omni and the new ERC20 standard. Please refer to the instruction below:
- Access your USDT Wallet
- Select the Ethereum Format button
If you have any question, please do not be hesitant to contact our 24/7 support team for help.