TRC-20 is a token standard on the TRON Blockchain that defines the rules and framework for creating and managing digital tokens, ensuring compatibility and seamless interaction within the TRON ecosystem.
Developers can use smart contracts under the TRC-20 standard to issue tokens and specify their key features, such as total supply, transfer functions, and balance tracking.
Advantages of TRC-20
- Low transaction fees – Much cheaper compared to many other networks
- High speed – Transfers and confirmations take only a few seconds
- Smart contract support – Enables token creation and decentralized applications (dApps)
- Widely adopted for stablecoins – Especially USDT, which is heavily used on TRC-20
- Cross-platform compatibility – Supported by many wallets and exchanges