Swapping Tether for USD Coin: what you need to know
Sometimes a payment has to be received or sent in one particular stablecoin. ROVEN exchange swaps USDT TRC20 for USDC ERC20 at a fixed rate, so you know the exact amount you’ll get in advance.
USDT TRC20 is the most popular version of the Tether stablecoin, issued on the low-fee Tron network. USDC ERC20 is Circle’s regulated stablecoin on Ethereum, with reserves attested monthly.
Why swap USDT TRC20 for USDC ERC20
Different stablecoins are supported by different services, and their issuers disclose reserves in different ways. Some people prefer to keep part of their funds in each. USDC is convenient for settlements, storage and moving funds between platforms.
Networks and addresses
| You send USDT TRC20 | You receive USDC ERC20 | |
|---|---|---|
| Network | Tron (TRC20) | Ethereum (ERC20) |
| Address | “T” + 33 characters | “0x” + 40 characters |
| Network speed | a block comes every 3 seconds | a block comes every 12 seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Send USDT on TRC20 specifically: USDT from other networks won’t be credited to this address.
- USDC ERC20 arrives at a “0x…” address; keep a little ETH in the wallet for future transfers.
- To send USDT your wallet needs some TRX to pay the network fee.
- Send the exact amount from the order and do it within 30 minutes, while the locked rate is valid.
How long the swap takes
Swap speed depends on both networks. On Tron (TRC20), a block comes every 3 seconds; on Ethereum (ERC20), a block comes every 12 seconds. The whole USDT TRC20 to USDC ERC20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 USDT = 1.05 USDC and the minimum amount is 20 USDT. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
