TRC-20 coins have the same functionality as ERC-20 tokens. However, while Ethereum is frequently crowded, resulting in high fees and poor user experience, Tron-based tokens offer a convenient workaround for many users, especially Stablecoin.

1. TRON TRC-20 Token

2. TRC-20 Token
Just as Ethereum has its own ERC-20 token standard
At TRON, tokens are programmed according to the TRC-20 token standard
As a public blockchain, anyone can issue their TRC-20 tokens using the same basic rules,
which can interact with other apps running on the Tron platform.
Ethereum and establish the role that TRC-20 tokens can play in the broader blockchain
ecosystem.

3. Tron vs. Ethereum
While there are many similarities between Ethereum and Tron, there are also some decisive
differences.
Like Ethereum, Tron uses a virtual machine called the Tron Virtual Machine (TVM) as a type of
operating system for smart contracts running on the platform.
TVM and Ethereum both use this same Solidity programming language.
This compatibility is by design, as the Tron Foundation is intended to make it easy for developers
to port existing apps and tokens to the Tron ecosystem.

4. TRC20 token standard rules
Like the ERC-20 token standard, TRC-20 token development must comply with a set of rules
that include mandatory and optional elements.
There are 3 optional provisions and 6 mandatory provisions.
The token name is the full notation name of the token (for example, Tether).
A token ticker is an abbreviation used for a token (eg USDT).
Token precision is the smallest separable unit of a token, up to 1/18.

5. Mandatory provisions
Total supply refers to the maximum number of tokens that can be issued on the Tron platform.
Balance Of returns the token balance of the user's Tron account.
Transfer allows the transfer of tokens from the smart contract to the user's account.
Approve allows other third parties, such as smart contracts, to transfer tokens.
Transfer From allows another third party, such as a smart contract, to take a token from a user
account and transfer it to another location.
Allowance queries the remaining number of tokens that can be transferred by a third party.

6. Apps and projects using TRC-20
Token Standard
In early 2021, Ethereum-USDT trading volume was Ethereum, reflecting the fact that Tron-USDT
was more popular than Ethereum-USDT and the high trading fees of Ethereum are a barrier for
many users.
when discussing Tron-USDT and Ethereum-USDT, the decentralization argument becomes
almost meaningless.
USDT users must trust Tether, the company that issues USDT, regardless of whether the
transaction is on Ethereum or Tron.
Revain is another project that uses TRC-20 tokens as part of its review platform. Revain
operates as a blockchain version of TrustPilot.
JUST is a variation of Maker DAI stablecoin based on Tron. Users can bet TRX tokens on
collateralized debt positions to generate stable coins called USDJs that are fixed at the value of
the US dollar.