USDT (Tether) is a stablecoin issued by Tether that aims to hold a 1:1 value with the US dollar. It is the most widely used dollar-pegged token for moving money across borders, settling on-chain in seconds instead of days.
How does USDT work?
Each USDT token is designed to be backed by reserves that Tether reports on, so one USDT can be redeemed for roughly one US dollar.
USDT lives on public blockchains, which means you can send it from any wallet to any wallet without a bank in the middle. The same dollar value can move across networks like Solana, Ethereum, and Polygon, with Solana settling in well under a second at sub-cent fees. That is what makes it practical for paying contractors or invoicing clients across borders.
The token holds its price because the market trusts that Tether's reserves stand behind it.
Why USDT matters for a global or Indian founder
USDT lets a founder hold and move US dollars without waiting on slow, expensive wire transfers.
If you run a US LLC or C-Corp built for global founders, a US client can pay you in USDT and you receive it the same day. The harder part is the last mile: turning that stablecoin into INR in your bank account the compliant way. Doing it through a random wallet or P2P trade is the regulatory grey area; using purpose-code-based rails with a proper paper trail is the compliant path under FEMA and RBI rules.
USDC and USDT are close cousins here: both are dollar stablecoins, and StableCorp supports both for payments and off-ramps.
Where USDT fits with StableCorp
StableCorp treats USDT as a first-class way to get paid and to pay people, on compliant rails rather than a grey-area workaround.
Get paid in USD plus USDC/USDT, with payouts on Solana, Ethereum, or Polygon.
Off-ramp to INR through supported RBI purpose codes, with a clean paper trail.
Pricing built to undercut the market's ~5% effective cost: 1% direct off-ramp to INR and 0.5% offramp for clients incorporated with StableCorp.
If receiving and converting USDT is the bottleneck in your business, see pricing for the exact fees.
This is general information, not legal or tax advice. As of June 2026, verify current Tether disclosures and RBI guidance before acting.
Sources
Tether (official USDT issuer site) — https://tether.to
Reserve Bank of India — FEMA / Master Direction on LRS — https://www.rbi.org.in