Convert Tether (USDT) to Pax Dollar (USDP)
1 USDT equals about 0.999840 USDP. Swap Tether to Pax Dollar natively across chains with live rates and low fees.
Last updated: Aug 11, 2026, 10:09 AM UTC
How to convert Tether to Pax Dollar
- 1
Enter an amount
Type how much Tether you want to swap. The estimated Pax Dollar you receive updates instantly.
- 2
Open the swap
Tap "Swap on NativeSwap" to carry your pair and amount straight into the app.
- 3
Connect and confirm
Connect your wallet, review the route, and confirm. Your Pax Dollar arrives at your address.
Why swap USDT on NativeSwap
Settlement
Timing follows each chain's confirmations. You see an estimate first.
Self-custody
Your keys, your crypto. We never hold your funds.
No bridges
Native cross-chain routing, no wrapped tokens.
Low fees
A clear ~10-15 bps fee, shown before you confirm.
How the USDT to USDP route works
By default both sides of this pair settle on Ethereum, so this route does not cross networks. You still pay Ethereum network gas to move the funds, plus the service fee.
- You send
- this route uses USDT on Ethereum. You sign the transaction on Ethereum, so that network's gas fee applies.
- You receive
- this route uses USDP on Ethereum. Pax Dollar arrives at an address you control on Ethereum.
Tether and Pax Dollar both settle on Ethereum by default. Assets issued on more than one network can be routed on a different chain. You pay network gas on Ethereum plus a service fee of roughly 10-15 basis points; swaps under $10 have no service fee. Settlement time depends on how quickly each network confirms, and an estimate is shown before you confirm.
USDT to USDP - frequently asked questions
How much USDP do I get for 1 USDT?
At current market rates, 1 USDT converts to about 0.999840 USDP. The rate moves with the market, so check the live figure above before you swap.
How much USDT do I get for 1 USDP?
Going the other way, 1 USDP is roughly 1.000161 USDT. Use the calculator above for any amount.
What is 1 USDT worth in USD?
1 USDT is currently about $1 USD. Prices refresh regularly to track the market.
Is the USDT to USDP swap non-custodial?
Yes. NativeSwap is an interface only. Your Tether moves from your wallet to the decentralized protocol you pick, then your Pax Dollar lands at your address. We never hold the funds.
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Moving stablecoins across chains
NativeSwap moves USDC and USDT between blockchains without a centralized bridge. Pick the source and destination chain in the app, and your stablecoins settle natively on the other side with minimal slippage.