The digital asset landscape in Singapore and beyond is evolving rapidly, and StraitsX is at the forefront of this transformation. We’re excited to announce that Tether (USDT) is now officially supported on the StraitsX platform for both Singapore and international personal and business accounts. This integration marks a significant milestone in expanding access to trusted, USD-pegged stablecoins, empowering users with greater flexibility in managing their digital assets.
With USDT now live on StraitsX, users can seamlessly deposit, swap, store, and transfer this widely adopted stablecoin—all from a secure, compliant, and user-friendly platform.
Manage Your USDT Directly from the StraitsX Dashboard
Gone are the days of juggling multiple platforms to manage your stablecoins. With the new USDT support, your StraitsX account dashboard becomes a central hub for all your USDT activities:
- Transfer In USDT from your preferred custodial or non-custodial wallet address
- Transfer Out USDT to any blockchain address you control
- Swap USDT ↔ USDC instantly using StraitsX Swap, our built-in 24/7 trading service
Whether you're an individual user or a business, this functionality streamlines your digital asset operations, offering real-time control with institutional-grade security.
👉 Discover how easy it is to manage USDT with a seamless platform experience.
How to Deposit USDT into Your StraitsX Account
Funding your account with USDT is simple—but there’s one crucial step: address whitelisting.
Before initiating any inbound or outbound USDT transfers, ensure that your blockchain address has been whitelisted through the StraitsX platform. This security measure protects your funds and ensures compliance with regulatory standards.
Here’s how it works:
- Log in to your StraitsX account
- Navigate to the wallet section and select USDT
- Request to whitelist your external wallet address
- Once approved, initiate your Transfer In of USDT via the Ethereum (ERC-20) network
After deposit, your USDT balance will be visible in real time, ready for use.
Understanding USDT Transfer Fees
Transparency is key when managing digital assets. Here’s what you need to know about fees:
- Transfer In Fee: A flat fee of 0.5 USDT, waived for deposits under 10 USDT
Transfer Out Fee: Based on real-time Ethereum network gas fees, capped at 30 USDT
- StraitsX absorbs any network costs exceeding this cap—so you never pay more than 30 USDT
This fee structure ensures predictability and cost-efficiency, especially for larger transfers.
Supported Blockchain Network for USDT
Currently, USDT on the Ethereum network (ERC-20) is supported. This aligns with industry standards, given Ethereum’s robust security and widespread adoption.
More blockchain networks will be added in the future to enhance interoperability and reduce transaction costs—stay tuned for updates.
Can You Off-Ramp USDT to Fiat via StraitsX?
Yes—but indirectly, through a fast and efficient two-step process:
- Use StraitsX Swap to convert your USDT to USDC
- Off-ramp USDC to USD directly into your Singapore-based bank account
This service operates 24/7 and supports high-volume transactions:
- Maximum swap size: 100,000 USDT per transaction
- No daily limit on number of transactions
- FX rates and minor exchange spreads apply
For users looking to convert large amounts of USDT into SGD or USD, this provides a reliable, regulated off-ramp solution.
Does StraitsX Support USDT to XSGD Swaps?
At this time, direct USDT/XSGD trading pairs are not available on StraitsX Swap. However, you can still convert USDT to SGD using a simple workaround:
- Swap USDT → USDC
- Sell USDC → XSGD (StraitsX’s Singapore Dollar-pegged stablecoin)
This two-step process ensures liquidity and stability while maintaining full compliance with Singapore’s financial regulations.
Need to Execute Large-Scale USDT Trades? Use OTC
For institutional users or high-net-worth individuals, StraitsX OTC (Over-the-Counter) services offer a premium solution for bulk USDT transactions.
Key features:
- Minimum trade size: 100,000 USD equivalent
- Tight spreads and deep liquidity
- Discreet execution with no market impact
- Over 341 million USDT already traded via the OTC desk
This service is ideal for those avoiding slippage or seeking personalized trading support.
👉 Explore seamless large-volume trading with advanced liquidity access.
Why Adding USDT Matters
Tether (USDT) is one of the most established and liquid stablecoins in the global crypto ecosystem. With a market capitalization exceeding tens of billions of dollars, it’s widely used for trading, remittances, and value preservation.
By integrating USDT, StraitsX reinforces its mission to provide users with access to trusted, transparent, and regulated stablecoins. Combined with existing support for USDC, this move creates a dual-stablecoin ecosystem that caters to diverse user preferences—whether you prioritize liquidity (USDT) or transparency (USDC).
This expansion isn’t just about adding another token—it’s about enhancing financial inclusion, improving cross-border transaction efficiency, and supporting Singapore’s growing role as a digital asset hub.
Frequently Asked Questions (FAQ)
Can I use USDT to buy XSGD directly?
Not directly. You’ll need to first swap USDT to USDC using StraitsX Swap, then exchange USDC for XSGD.
Is there a daily limit on how much USDT I can swap?
No—while individual swap transactions are capped at 100,000 USDT, there’s no limit on how many swaps you can perform per day.
What happens if I send USDT from an unwhitelisted address?
Transfers from unwhitelisted addresses may be rejected or delayed. Always complete the whitelisting process before sending funds.
Are there plans to support other blockchains like Tron or Solana for USDT?
Currently, only Ethereum (ERC-20) is supported. Additional networks are under evaluation and will be announced in the future.
Can businesses use this feature?
Absolutely. Both personal and business accounts can deposit, manage, and off-ramp USDT through the same secure platform.
How fast are USDT transfers?
Transfer speed depends on Ethereum network congestion but typically completes within minutes once confirmed.
Final Thoughts
The addition of USDT support on StraitsX is more than a technical upgrade—it’s a strategic step toward building a more inclusive, efficient, and user-centric digital finance ecosystem.
Whether you're managing personal crypto holdings or handling enterprise-level transactions, the ability to seamlessly integrate USDT into your workflow enhances liquidity, reduces friction, and opens new possibilities for cross-border value transfer.
As the digital asset space continues to grow, StraitsX remains committed to innovation, compliance, and user empowerment.
👉 See how integrating major stablecoins can transform your digital finance experience.