USDT Premium Rate — Live Price & Today's Chart
Real-time USDT premium/discount vs USD: derived from Binance C2C large-order (≥$10,000) buy quotes, with 30-day trend chart and historical data.
Data is the lowest large-order (≥$10,000 equivalent) buy quote on Binance C2C. Refreshed every 5 minutes.
Method note: since 2026-07-21 this page primarily displays the Binance C2C basis (earlier data / the market-rate basis below is kept for reference only — the two are never mixed).
How the USDT premium is calculated and read
The premium series on this page is sampled from Binance's C2C market: we take large-ticket buy offers, those at or above roughly ten thousand US dollars in size, and compare the volume-weighted quote against the official exchange rate for the local currency. The premium is the percentage gap between the two. Large orders are used deliberately, because small-ticket quotes carry wide spreads and promotional pricing that say little about institutional-size demand.
A positive premium means onshore buyers are paying above the official rate to move into dollar stablecoins, which historically accompanies either risk-on demand for crypto exposure or demand for dollars themselves during local-currency stress. A persistent discount means sellers outnumber buyers, typical of exit phases after drawdowns. The premium is therefore best read as a capital-flow thermometer for the fiat corridor in question rather than as a price signal for bitcoin.
Caveats: C2C quotes embed the merchants' spread and inventory risk, so the level rarely sits exactly at zero even in calm markets, and the neutral band differs by currency. Premiums in different corridors measure different things, since a spike in a currency under capital controls reflects local FX stress more than crypto sentiment. Trends and extremes carry the information; day-to-day wiggles inside the usual band are noise. The thirty-day chart above is designed for exactly that comparison.