USDT to US dollar rate
Where USDT is cheapest to buy and highest to sell for USD — nine P2P exchanges side by side, with the premium over the official rate.
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Frequently asked questions
What is the USDT to US dollar rate today?
Current buy and sell prices across six exchanges are in the table above and refresh automatically every few minutes. There is no single rate: each venue has its own, which is why we show all of them.
Where is the best place to buy USDT for USD?
The dollar is the largest market we track: more ads than any other currency, spread across all every venue we cover. But read the price together with the ad limits: the lowest price is often available only for a small amount.
Why do dollar prices differ between exchanges?
On P2P the price is set by the merchant, not the exchange. The difference depends on how many sellers work on a venue and how actively that venue serves US and international. This makes comparing dollar ads on price alone meaningless.
Is this the official rate?
No. The official rate is published by Fed and shown separately on this page alongside the premium. The table carries real ads posted by people, which always differ from it.
Prices by venue USD
Median ads as of 12 November 2026. Not the single best offer but the typical one: order books always carry a tail of unrealistic prices. The live table above refreshes on its own.
| Venue | Buy | Sell | Ads |
|---|---|---|---|
| Binance | 1.001 | 1.049 | 3257 |
| Bybit | 0.984 | 1.2 | 1370 |
| OKX | 1.05 | 0.992 | 400 |
| LBank | 1.069 | 0.996 | 167 |
| Toobit | 1.045 | 1.002 | 160 |
| HTX | 1.05 | 1.2 | 118 |
| KuCoin | 1.05 | 0.99 | 93 |
| Telegram Wallet | 1.19855 | 0.968829 | 32 |
| xRocket | — | 0.93 | 10 |
| WEEX | — | 0.8 | 7 |
As of this page's build (12 November 2026) a typical buy costs 1.05 USD and a typical sell fetches 0.9975 USD. 10 venues carry the currency, with 4262 ads live. The gap between the main venues is 2.03%. Venues: Binance, Bybit, HTX, KuCoin, LBank, OKX, Toobit, Telegram Wallet, WEEX, xRocket. The live table above refreshes on its own.
The USD market: what to know
What makes up the USDT to US dollar rate
The dollar is a special case on P2P: USDT is pegged one to one, so in theory the rate should be exactly 1.00. In practice it swings between 0.97 and 1.10, and that difference reflects the cost of the payment method rather than the price of the dollar — Wise, Zelle and cash each carry different fees and different reversal risk. That is why dollar spreads look wide: you are paying for the rail, not the currency.
Where the dollar trades
Which exchanges to buy USDT for USD on
The dollar is the largest market we track: more ads than any other currency, spread across all every venue we cover. Over sixty percent sit on Binance and about a quarter on Bybit. Behind that number hides an important detail: "dollar" on P2P covers wildly different settlement methods — from a bank wire to cash in person — and prices differ more between those than between exchanges.
How this market works in practice
Ad limits and trade size in US dollar
This makes comparing dollar ads on price alone meaningless. A rate of 1.10 on a cash deal in another country and 1.00 on a Wise transfer are not better and worse — they are different operations with different risk and different speed. Look at the payment method, and whether it is physically available to you, before looking at the number.
Payment methods
How people pay for USDT in US and international
The dollar market mostly runs on: Wise, Revolut, Zelle, SWIFT. The payment rail moves the price as much as the venue does.
How to filter ads by payment method
The full P2P scanner lets you filter ads by bank or payment system. How to read ad limits, and why a visible spread differs from a real one, is covered in the lesson on spreads.
The premium over the Fed rate
How the premium differs from the official rate
The premium shows whether a dollar costs more or less inside the country than the regulator says. For US and international it is one of the most honest indicators of the real rate, because it is built from thousands of live trades rather than a published figure.
What a positive and a negative premium mean
A positive premium means stronger demand for the currency; a negative one means crypto is cheaper on this market than a bank dollar.
How often each figure updates
The Fed rate changes once a day, the table prices every few minutes — worth bearing in mind when comparing them.