Swap USDT (ERC20) to USDС

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How to Swap Tether (Ethereum) to USD Coin

Swap Tether (ERC20) for USD Coin in Minutes

Feeling overwhelmed by the tedious process of converting USDT (ERC20) to USDC? Relax, you’ve found the right platform.
Unlike other platforms with drawn-out and complicated procedures, Paybis simplifies the swap into four easy steps.
Here’s a quick guide on how to swap USDT (Ethereum) to USDC (Ethereum) on Paybis:
 
  1. Sign Up and Verify: Create a free account and complete the quick KYC process if requested.
  2. Choose Your Currencies: Select USDT and USDC, then enter the amount you wish to swap.
  3. Input Wallet Details: Enter your USDC (Ethereum) wallet address and review the transaction details.
  4. Confirm and Send: Approve the swap, transfer your USDT, and your USDC will go to your wallet.
That’s it! Now you know how to swap Tether on Ethereum to USD Coin on Paybis swap.
 

How is USDC Different from USDT (Ethereum)?

USDC is issued by the Circle and is fully backed by cash and short-term U.S. government bonds and offers greater transparency with regular audits. 

Tether's USDT is also pegged to the dollar, but it offers less transparency over its reserve, which includes a mix of assets.

Swapping USDT or USDC, Paybis Swap is the best option to swap USDT (ERC20) to USDC seamlessly from anywhere in the world.
 

How to Swap USDT on Ethereum for USDC with Paybis Wallet?

Paybis Wallet is a secure, user-friendly cryptocurrency wallet designed for easy storage and management of digital assets. It supports various cryptocurrencies, including ERC20 tokens like USDC and USDT. 
  • To swap Tether for USD Coin using Paybis Wallet simply log in to your Paybis account and access the wallet. 
  • Select the "Swap" option, choose USDT (ERC20) as the currency to send and USDC (ERC20) as the currency to receive. 
  • Enter the amount, review the details, and use the Paybis wallet to confirm the transaction. 
Once the swap is confirmed, your assets will appear in your Paybis wallet. 
 

What is ERC20?

ERC20 is a technical standard used on the Ethereum blockchain for creating and managing smart contracts and tokens. It defines a common set of rules that tokens must follow, making them easily transferable and interoperable with different platforms, wallets, and exchanges. 

ERC20 tokens are widely used in decentralized finance (DeFi) applications, Initial Coin Offerings (ICOs), and more.

Paybis ensures a quick and seamless process that allows you to convert USDT (ERC20) to USDC.