What is USDT? The core role of stablecoins.

USDT (Tether) is a stablecoin pegged to the US dollar, issued by Tether. Its design goal is to always maintain an exchange ratio of 1 USDT ≈ 1 USD, thus playing the role of “digital dollar” in the crypto market. It is widely used in trading, value storage, payment, and other scenarios, and is currently one of the largest stablecoins by market capitalization.

The USDT exchange rate remains stable in 2025.

As of July 2025, the price of USDT fluctuates slightly between $0.9998 and $1.0002, remaining overall stable and suitable for fiat currency exchanges. Due to its anchoring mechanism and high liquidity, USDT is one of the preferred currencies for most users when exchanging for USD.

Why choose the Gate platform for exchanges?

Gate is a leading global digital asset trading platform that supports USDT trading against various fiat currencies (including USD, JPY, EUR, etc.). Its advantages include:

• Low threshold: No complicated procedures, register and use immediately.
• Rich fiat channels: Supports SWIFT, bank cards, and electronic wallet withdrawals.
• Security Compliance: Holding multiple national compliance licenses to ensure the safety of user funds.
• Multiple exchange methods: Supports C2C, fiat channels, and over-the-counter (OTC) services.

Complete steps to exchange USDT to USD (Gate)

1. Register a Gate account and complete KYC verification: Log in to the Gate official website, click on register, complete email verification and identity verification (KYC).
2. Deposit USDT to Gate wallet: On the “Wallet” page, select USDT, copy the deposit address and send USDT from an external wallet.
3. Select fiat trading (fiat area): On the homepage, click “Buy Coins” - “Sell”, choose USDT to exchange for USD, and select P2P or bank channel.
4. Set the selling amount and price: Enter the amount of USDT you want to sell, and the system will provide exchange references based on market prices. You can use the quotes matched by the system or set a custom price for your order.
5. Choose a payment method and submit the order: you can choose SWIFT, bank card payment, etc., and ensure that the payment information is accurate.
6. Confirm buyer’s payment and release USDT: After confirming receipt of the other party’s remittance, click “Confirm Release”, the transaction is complete, and the USD enters your bank account.

Frequently Asked Questions and Risk Warnings

• Is USDT always redeemable for 1 USD?: On most platforms, the price of USDT is very close to 1 USD. However, in extreme market conditions, there may be a premium or discount of up to 0.5%.
• What are the fees for Gate?: Gate charges a small fee for fiat transactions (which varies depending on the payment method), while P2P transactions may have zero fees, but it is important to pay attention to the trading reputation of the counterparty.
• Is tax declaration required?: According to the laws of your country, the USD earned from exchanges may need to be reported as income or capital gains tax. Please familiarize yourself with tax policies in advance.