USDT to USD
Convert USDT to USD into your company's own account
Sentvia converts USDT to US dollars and pays them by wire into an account in your company's own name. You agree the rate before you send, we screen the incoming USDT, and the dollars arrive as an ordinary bank transfer from a regulated provider.
Last reviewed
- From
- USDT (USDC too)
- To
- USD, into a named account in your company's name
- Rail
- International wire (SWIFT)
- Rate
- Agreed per conversion, before you send
Who it's for
Businesses that are paid in stablecoins and invoice in dollars:
- Exporters selling into dollar markets
- Trading companies whose counterparties settle in USDT
- Businesses whose overseas customers can't send dollar wires reliably, but can send USDT
- Luxury car dealers and other sellers of high-value goods
How it works
- Request a quote. Tell us the amount of USDT you're converting to USD.
- Lock the rate. Approve the quote; that's the rate you settle at.
- Send the USDT to the address we give you for that conversion. We screen it on arrival.
- Receive dollars by wire into your company's named account.
For large single conversions, use our Prime OTC desk.
What you receive the dollars into
The dollars are paid by wire into a named account in your company's own legal name, provided through regulated banking partners. Hold the USD, pay it on to approved beneficiaries, or keep it alongside EUR, GBP and AED in multi-currency accounts.
The wire leg
Dollar wires travel through correspondent banks, which nobody in the payment controls. Two things follow. Timing depends on correspondent hours and cut-offs, so a wire instructed late or over a US bank holiday lands on the next cycle. And an intermediary bank may take its own charge from the amount in transit. Neither is about the conversion; both are worth agreeing with your counterparty in advance.
Settlement timing by stage
| Stage | What sets the timing |
|---|---|
| USDT transfer | The blockchain network; usually minutes |
| Screening and conversion | Our checks on the incoming USDT, then execution at the rate you locked |
| USD wire | Correspondent banking hours, cut-offs and US bank holidays |
The stablecoin side is rarely what decides when the dollars are usable; the wire is. Processing times depend on currency, jurisdiction and bank rails used.
Before you send
- Check the quote shows the dollar amount you expect to receive, not just the rate.
- Send only to the address we give you for that conversion, and only the amount quoted.
- Agree with your counterparty who bears any intermediary bank deduction.
- Instruct well before US cut-off if the dollars need to land the same day.
What we'll ask for at onboarding
- Your certificate of incorporation
- Who owns and controls the company
- What the business does and why it receives stablecoins
- Who sends the funds and where they came from
Dollar payments are screened against sanctions lists before any funds move.
Compliance on every conversion
- Screening. Every incoming USDT payment is screened before it is converted, including where the USDT came from before it reached us.
- Source of funds. For larger payments we may ask how the payer came to hold the USDT. Our guide to source of funds for stablecoin payments sets out what answers the question.
- Beneficiaries. Onward payments to third parties go only to approved beneficiaries, each reviewed by our compliance team.
Sentvia is regulated by the Bank of Canada under the Retail Payment Activities Act and registered with FINTRAC as a Money Services Business. Our compliance and regulation page explains both registrations and how to check them.
This page explains how Sentvia processes payments. It is not investment advice.
FAQ
Common questions
- USDT tracks the dollar. Why is there a rate at all?
- USDT and a bank dollar are different instruments on different systems, so converting between them is a real trade with a real price. The rate is quoted and locked before you send.
- Can we convert USDC to USD too?
- Yes. USDC converts to dollars on the same terms as USDT.
- How long does it take?
- The stablecoin transfer takes minutes. The dollar leg is a wire, so correspondent banking hours, cut-offs and US bank holidays decide when the funds are usable. Processing times depend on currency, jurisdiction and bank rails used.
- Can an intermediary bank take a deduction?
- International wires can pass through intermediary banks that apply their own charges. Where your counterparty expects an exact figure, agree in advance who bears any deduction.
- Will our bank see a crypto transaction?
- No. The dollars arrive by wire from a regulated provider into an account in your own name. If your bank asks, the conversion record sits behind the payment.
- What will you ask about where the USDT came from?
- For larger payments, usually wallet history and documents showing how the payer came to hold the USDT. Our guide to source of funds for stablecoin payments sets out what answers the question.
Get started
Receive dollars in your own name
Tell us about the payments you expect and a dedicated onboarding officer will guide you through set-up.
