MoonPay adds support for USDT (TRC-20)
Users can now buy USDT (TRC-20) via MoonPay instantly with a credit card.
By Corey Barchat
We’re delighted to share that USDT (TRC-20) is now available to purchase for MoonPay customers.
Users can now buy USDT (TRC-20) directly via MoonPay with credit/debit cards including Visa and Mastercard, bank transfer, and many other payment methods.
What is USDT (TRC-20)?
USDT (TRC-20) is a stablecoin issued by Tether that is native to the TRON blockchain. Tether (USDT) was first created in 2014, and aims to maintain a 1:1 exchange rate with the US Dollar through its reserves. Currently, USDT is the world’s most widely-used stablecoin with a market cap of over $78 billion.
What’s the difference between USDT (TRC-20) and USDT (ERC-20)
Though they are both stablecoins tied to the US Dollar, the difference between USDT (TRC-20) and its Ethereum counterpart USDT (ERC-20) is that transactions on the TRON network are quicker and have significantly cheaper fees.
USDT (TRC-20) is compatible with the TRON blockchain and can be held in any wallet that supports TRON assets. It can also be used to participate in TRON DeFi protocols and Decentralised Applications (DApps).
Where to buy USDT (TRC-20)
You can buy USDT (TRC-20) now via MoonPay. Just use your credit card and enter the desired Solana wallet address to purchase.
TRON-based USDT is available to global MoonPay customers in all supported territories, excluding the United States.
