TRC-20

TRC-20 is a technical standard used for implementing tokens on the Tron blockchain via the Tron Virtual Machine (TVM). It is fully compatible with Ethereum's ERC-20 standard. TRC stands for "TRON Request for Comment," and it is the protocol standard for tokens and smart contracts on the Tron network. Smart contracts can be developed on-chain according to this API standard.

TRC-20 comprises a set of contract standards for token asset issuance, and contracts written in compliance with this standard are considered TRC-20 contracts. Wallets and exchanges can easily integrate with the assets of TRC-20 contracts through this standard set, allowing them to understand what functions and events the contract defines.

Tron implements tokens programmed according to the TRC-20 token standard. As a public blockchain, anyone can issue TRC-20 tokens following the same basic regulations, and these tokens can interact with other apps running on the Tron platform.