How to exchange USDC ERC20 for USDT ERC20 safely and at a good rate
Sometimes a payment has to be received or sent in one particular stablecoin. ROVEN exchange swaps USDC ERC20 for USDT ERC20 at a fixed rate, so you know the exact amount you’ll get in advance.
USDC ERC20 is Circle’s regulated stablecoin on Ethereum, with reserves attested monthly. USDT ERC20 is the Tether stablecoin on Ethereum, accepted by virtually every exchange and DeFi service.
Why swap USDC ERC20 for USDT ERC20
Different stablecoins are supported by different services, and their issuers disclose reserves in different ways. Some people prefer to keep part of their funds in each. USDT is convenient for settlements, storage and moving funds between platforms.
Networks and addresses
| You send USDC ERC20 | You receive USDT ERC20 | |
|---|---|---|
| Network | Ethereum (ERC20) | Ethereum (ERC20) |
| Address | “0x” + 40 characters | “0x” + 40 characters |
| Network speed | a block comes every 12 seconds | a block comes every 12 seconds |
| Memo / tag | Not needed | Not needed |
What to watch out for
- Send USDC on Ethereum, not Base, Polygon or Solana — those are different versions of the token.
- USDT ERC20 arrives at a “0x…” address; to send it on later you’ll need a little ETH.
- To send USDC your wallet needs some ETH to pay the network fee.
- Send the exact amount from the order and do it within 30 minutes, while the locked rate is valid.
How long the swap takes
Swap speed depends on both networks. On Ethereum (ERC20), a block comes every 12 seconds; on Ethereum (ERC20), a block comes every 12 seconds. The whole USDC ERC20 to USDT ERC20 swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 USDC = 1.05 USDT and the minimum amount is 50 USDC. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
