These addresses belong to different, non-Bitcoin blockchains. ERC20 is the Ethereum blockchain, and TRC20 is the Tron blockchain.
Will I lose my funds if I ship it to the wrong deal with?
It’s attainable to lose your funds like this, so be very cautious with the deal with – you have to create an deal with for the actual blockchain the place you want to obtain your USDT, and have a pockets that may obtain and ship property on that blockchain.
Observe that initially, USDT existed as a token on Omni Layer which is a protocol that makes use of the Bitcoin blockchain to report particular transactions:
Omni is a platform for creating and buying and selling customized digital property and currencies. It’s a software program layer constructed on prime of the most well-liked, most audited, most safe blockchain — Bitcoin. Omni transactions are Bitcoin transactions that allow next-generation options on the Bitcoin Blockchain. Our reference implementation, Omni Core is an enhanced Bitcoin Core that gives all of the options of Bitcoin in addition to superior Omni Layer options.
Nevertheless, most exchanges do not help USDT-Omni, and I am unsure if even the issuer (Tether) anymore mints/redeems USDT-Omni for USD. So, in case you’re utilizing USDT it’s almost certainly NOT on the Bitcoin blockchain.
