What is a USDT payment?

USDT, or Tether USD, is a stablecoin issued by Tether. A USDT payment moves it straight from one wallet address to another, so no bank or card network takes part. People use it because the amount is easy to read in dollars, while the price of Bitcoin can move while you wait.

How a USDT payment works

1. The person being paid shares a wallet address and names the network, such as Tron (TRC-20).
2. The person paying sends the amount of USDT from a wallet or exchange account, on that same network.
3. The network confirms the transfer. The USDT page shows the usual time: under a minute on Solana, Arbitrum and TON, and one to three minutes on Tron, BNB Chain, Ethereum and Polygon.
4. The USDT reaches the receiver's wallet. It can't be pulled back, so a refund needs a new payment from the receiver.

Use the same network on both sides

USDT exists on many networks, and each one is separate. We support Tron (TRC-20), Ethereum (ERC-20), BNB Chain (BEP-20), Solana, Arbitrum, Polygon and TON. Both sides must use the same network: USDT sent on a network the receiver doesn't support doesn't arrive.

Tron addresses start with T. Ethereum, BNB Chain, Arbitrum and Polygon addresses all start with 0x, so an address that starts with 0x doesn't tell you which of those four to use. Ask if you aren't sure. A payment on TON can also need a comment.

What it costs

The network charges a fee for each transfer, paid in its own coin. To send USDT on Tron, for example, your wallet needs some TRX or staked energy.

Fees differ a lot between networks. The coin page shows the usual fee for each one, live. On 5 November 2026 it showed about $1.20 on Tron, $0.60 on Ethereum, $0.30 on Solana, $0.06 on TON, $0.05 on BNB Chain, and $0.02 on Arbitrum and Polygon. A payment service may add its own fee on top.

Is a USDT payment safe?

• A sent payment is final. Nobody can reverse it, so check the address and the network first.
• One USDT isn't guaranteed to be worth one dollar. Tether's token terms (tether.to/en/legal, last updated 26 February 2026) say the tokens aren't legal tender and aren't backed by any government.
• Tether can freeze USDT. The same terms allow this where the law requires it, or where Tether decides it's prudent.
• Be wary of anyone who asks for USDT and promises a return, and never share your recovery phrase. Anyone asking for it is trying to take your coins.
• The rules on accepting crypto and on tax depend on your country, so check them where you live.

Is USDT the same as US dollars?

No. USDT is a token that aims to hold the same value as a dollar. Its price can move slightly, and the person or shop you pay must agree to accept it.

How to take USDT payments on Plaxswap

A payment link asks for an exact amount of USDT, paid to your own address, and you don't need an account. The person paying picks from the coins listed on the payment page, and sees our fee and the network fees before sending. For a shop or a website, see how to accept USDT payments.

The payment gateway adds USDT to a website through an API or a plugin. Confirmed payments go to your merchant balance, and you withdraw them to your own wallet. Every cost is on the fees page.

To hold and send USDT yourself, the Plaxswap Wallet is a self-custody wallet for Android and the web.