The exporter paid in USDT by a buyer abroad: how Storspay Exchange fits
A cocoa, cashew, textile or parts exporter whose buyer in Dubai, Mumbai or Guangzhou offers to settle in USDT — how to accept it into the business, cash out locally, and keep the paperwork an export desk needs.
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The short answer. Give the buyer your USDT address on Tron from Get paid, match the deposit to the invoice, and cash out to your business bank account the same business day at 2% all-in — or hold the digital dollars for the next shipment.
The situation
Buyers in the Gulf and Asia increasingly prefer to settle invoices in USDT: it clears in minutes, with no correspondent bank and no US$40 wire fee on their side. For an exporter in Abidjan, Lagos or Mombasa the question is not whether to accept it but how to accept it into the business rather than into somebody’s phone.
What changes with Exchange
The deposit lands at an address in the company’s name, is screened before it is credited, and sits as a USDT balance next to the dollar and euro balances. The export desk matches it to the invoice number; the cash-out to the company’s bank carries the rate and the fee on the statement. No personal wallet, no P2P seller, no screenshot.
Keeping dollars for the next shipment
Many exporters pay for inputs in dollars. Instead of cashing everything out and buying dollars back later at a spread, keep part of the balance as USDT, convert to US dollars at 0.75% when you need a dollar balance, or pay a supplier abroad from the USDT balance directly for the network fee.
What to prepare
Your invoice should state the dollar amount and that settlement in USDT at face value is accepted; your buyer needs the asset and network in one sentence — “USDT on Tron, to this address”. Keep the Storspay receipt with the invoice, and ask your accountant how to book income received in digital dollars.
How it works, in four steps
- Apply once. A verified business on a paid Storspay plan applies from the Exchange tab: a few questions about what it will trade and why, a one-time identity check for a director, the wallets it plans to use. Reply within one business day.
- Receive or convert. A client sends USDT or USDC to the address in your business name, or you convert dollars or euros from your balance at 0.75% all-in.
- Trade or hold. Keep the balance, convert between USDC and USDT at 0.25%, or trade with other verified businesses on the P2P market — taker 0.5%, makers free, settled the instant the buyer confirms.
- Cash out or send. Pay your local bank or mobile money the same business day at 2% all-in, or send to any wallet address for the network fee only.
What it costs
| Step | Fee |
|---|---|
| Receive USDC or USDT | Free |
| P2P market — taker | 0.5% (makers free) |
| Convert US dollars or euros ⇄ USDC or USDT | 0.75% all-in |
| Convert USDC ⇄ USDT | 0.25% |
| Send to a wallet address | Network fee only |
| Cash out to a local bank or mobile money | 2% all-in (1% · min US$2 to India, Indonesia, the Philippines and Thailand) |
Who this is for — and who it is not for
Businesses, and a sole trader counts: every movement is a business transaction with an invoice, a contract or work delivered. Traders are welcome as businesses and should expect what the page says plainly — verified counterparties, instant settlement and a cash-out to their own business account, not the tightest spread on the internet. Personal accounts, gifts and family transfers are not what this is.
Keep your invoices and statements for your records and ask a local accountant how income in digital dollars is taxed where you live.
Read next
- Storspay Exchange — hold, convert and trade digital dollars
- Digital dollars for African businesses
- Storspay Exchange vs P2P exchange apps
- Can a freelancer hold USD, EUR, GBP or CAD?
Storspay Exchange is in early access — apply from the Exchange page. Fees and availability are as published there on the day you read this.
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