Hong Kong companies settle with USDT? This operation is too sweet!
1. Save on fees Traditional cross-border transfers cost $25-50 per transaction, while USDT on-chain transfers can be done for just $1. Currency exchange spreads can also save you 0.5%-3%, which adds up to a significant amount.
2. Fast as lightning Bank transfers take 1-5 days? USDT arrives in as fast as 3 minutes. A friend who deals with electronic components went from a 45-day payment term with African clients to real-time transactions, making funds turnover soar.
3. Exchange rate stable as a rock USDT is pegged 1:1 to the US dollar, so there's no need to worry about currency fluctuations like the Turkish Lira or Argentine Peso. This is especially powerful in bulk commodity trading!
4. Break through the blockade Countries with foreign exchange controls like Iran and Nigeria have traditional channels that are completely unfeasible. USDT can bypass these obstacles, allowing business to continue uninterrupted. (Of course, you need to find a compliant exchange for conversion)
5. Play with funds USDT can be easily converted to other cryptocurrencies at any time, and Hong Kong has compliant crypto fund custodians, making global asset allocation so easy!
6. Elevate your prestige Settling with USDT makes clients perceive you as tech-savvy. Young wealthy individuals in the Middle East and Southeast Asia are into this, leading to brand premium!
