Convert Tether to NGN

Fallback rate as of 2026-08-09: 1 USDT ≈ 1,360 NGN. Refreshed automatically from the market.

A stablecoin pegged to the US dollar, ideal for shielding value from volatility.

Main uses: protection against volatility, stable transfers, trading.

USDT is the most widely used stablecoin on the continent: it lets users hold a stable dollar value without a foreign bank account, most often on the TRON network — still the most widely accepted, though no longer the cheapest.

Its circulating supply moves freely: Tether Limited issues or retires tokens as dollar deposits and withdrawals happen.

Tether Limited publishes a quarterly report on its reserves, less frequent than Circle's monthly attestation.

Against USDC, USDT remains the most liquid and most widely accepted stablecoin on global exchanges, especially outside the United States. Some platforms subject to the EU MiCA regulation restricted USDT starting in 2024, with no effect on its everyday use outside the European Union.

Verified on 2026-08-09.

Tether runs on Multi-chain (TRC-20, ERC-20, BEP-20). Send cost varies sharply by network: on BEP-20 (BNB Smart Chain), fees observed on HIROPAY stay under 0.01 USDT; on TRC-20 (TRON) expect 0.5 to over 2 USDT of TRX energy; on ERC-20 (Ethereum) the cost tracks network congestion — often below TRC-20 when the chain is quiet, well above it when busy. BEP-20 remains the network to prefer whenever the receiving wallet or platform accepts it — the receiving side always dictates the network. When you receive or send USDT, HIROPAY shows the networks available for that transaction: always choose the one that matches the destination address or wallet — sending on the wrong network is irreversible.

Federal Republic of Nigeria: a federation of thirty-six states built around the Niger Delta oil basin and the Benue confluence, the most populous country on the continent. Abuja has been the federal capital since 1991; Lagos remains the economic hub.

Verified on 2026-08-09.