OpenRate/USDT/USDCalculator·Merchants·Arbitrage

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USDT / USD

Name: OpenRate stablecoin market dataset — P2P rates, crypto card spend, on-chain flows
Creator: OpenRate
License: https://creativecommons.org/licenses/by/4.0/
Keywords: p2p rate, usdt p2p rate, stablecoin card spending, crypto card volume, binance p2p, p2p arbitrage, on-chain card data

Tether USD · US Dollar P2P Rate

DISCOUNT-5.00% vs spot

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USDT/USD is trading 5.0% below reference spot — a discount, with deep merchant depth across 120 active merchants. Spread is 12.63%.

DATA QUALITY: LOW QUALITY

·369 clean ads · 28473 excluded (99%)·⚠ Wide spread — market depth may be unreliableOutlier ads excluded from displayed priceMethodology →

BUY USDT

$0.95

kucoin

SELL USDT

$1.07

kucoin

SPREAD

12.63%

buy/sell gap

PREMIUM

-5.00%

vs spot

SPOT RATE

$1.00

ECB reference

MERCHANTS

120

6 platforms

USDT/USD Price History

Updated 5:15:08 AM

45 pts

BUYSELL

RATE CALCULATOR

AMOUNT (USDT)

USDT

YOU PAY

$950

RATE

$0.95

SLIPPAGE

MERCHANTS

DEPTH

✓ Healthy

★ BEST DEAL TODAY

Platform

Bybit

BUY PRICE

$0.80

SELL PRICE

$1.20

BUY ADS

4800

SELL ADS

4800

PAYMENT METHODS

1010411116121122

Trade on Bybit →

Platform Breakdown

6 exchanges active · clean ads only

Exchange	Best Buy	Best Sell	Spread	Buy Ads	Payment Methods
★Bybit	$0.80	$1.20	50.00%	4800	1010411+88
Bitget	$0.93	$1.18	26.97%	920	ABA (Cambodia)Air TMBBVA+19
Binance	$0.97	$1.10	13.40%	1100	ABAACH Xpress PanamáACLEDA Bank+71
Kucoin	$0.99	$1.30	31.31%	922	AirTMAirtel MoneyApple Pay+40
Okx	$0.99	$1.40	41.41%	4500	ABA BankACBA bankACLEDA+72
Htx	$1.00	$1.20	20.00%	480	ABA BankACLEDAAirTm+20

Payment Methods

14ZelleBank TransferPayoneer52041640ABA BankBANK64RevolutCash AppKHQR518Wing Money

Understanding the USDT/USD P2P market

The USDT/USD rate shown here is the best clean price available across Binance, Bybit, OKX, HTX, and other major P2P platforms. Unlike centralised exchange rates, this is the real settlement price — what actual buyers and sellers in United States agree on. Extreme outlier ads and low-quality listings are excluded from displayed prices.

The premium reflects the cost of converting USDT into US Dollar through local payment rails. A higher premium means US Dollar liquidity is tight; a near-zero premium means the market is deep and efficient.

LIVE CORRIDOR PAGES

USDT/INR P2P Rate USDT/IDR P2P Rate USDT/THB P2P Rate USDT/PKR P2P Rate USDT/RUB P2P Rate Merchant Leaderboard Rate Calculator

Data disclosure: Displayed prices use cleaned P2P order book data. Extreme outlier ads and low-quality listings may be excluded from market prices. Prices are sourced from live merchant ads on Binance P2P, Bybit P2P, OKX P2P, and HTX P2P. Premium is calculated versus ECB reference spot FX rates. Data is for informational purposes only — not financial advice. Updated every 30–60 seconds.

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