What are the similarities between the protocols?
All three protocols are used for tether (stablecoin) transfer.
(USDT) tether is a digital currency that is always worth $1 and the price of this currency never changes.
What is the difference between protocols?
All three protocols differ in speed and cost of transmission.When making a USDT transfer, many users are presented with a choice of three different chain types that are available, at which point users may face the situation that they don’t know which chain type to choose when depositing and withdrawing. The differences between the three different chain types are described in detail.
USDC
- Solana:
The fee on the Solana network is extremely low and not tied to the value of the transaction.
The minimum fee for transferring USDC is typically around $0.00025.
There is no fixed cost, and transactions are usually confirmed in under 1 second. - Base (Layer 2):
Transaction fees on Base are lower than Ethereum but may vary slightly based on network activity.
On average, USDC transfers cost less than $0.10 and settle quickly.
Base uses Ethereum security with optimized speed and cost. - ERC20 (Ethereum):
Fees are based on gas prices and network congestion.
There is no fixed fee, and users can adjust gas for faster confirmation.
The average fee for USDC transfers is around $15–35, but it can spike during high congestion.
USDT
- Solana:
Just like USDC, transferring USDT on Solana is extremely fast and cheap.
The typical fee is about $0.00025, with near-instant confirmation.
There is no fixed fee model. - TRC20 (Tron Network):
TRC20 transactions have low and predictable costs.
The average fee is less than $1, making it a popular choice for low-cost stablecoin transfers.
Transaction speed is also fast, usually within a few seconds. - ERC20 (Ethereum):
As with other ERC20 tokens, fees vary depending on gas prices.
Users can pay more to speed up transactions.
USDT on Ethereum generally costs between $15 and $35 per transfer.
Delays may occur during network congestion.
Note: Since the USDT in the three networks are not interoperable, users should carefully check if the address is correct when depositing and withdrawing. In order to avoid unnecessary losses due to wrong address, special attention should be paid to the different address styles of the three types of chains. Each type of chain has its own advantages and disadvantages, users can choose according to their own assets.