Paying Chinese suppliers without an international wire
Many Russian importers have stopped using SWIFT due to delays and rejections. USDT → CNY is a scheme where the supplier receives yuan to their account or Alipay, while you send crypto from your wallet. No correspondent banks.
What problems this scheme solves
Russian importers trading with China face two key problems: correspondent bank refusals and delays on remaining routes (3–7 business days instead of the promised one). USDT acts as a neutral settlement unit understood by both sides.
Steps: from order to supplier credit
- Agree the payment amount in yuan with your supplier
- Calculate the USDT equivalent using our calculator
- Submit the order — provide the supplier's details (bank account or Alipay)
- Transfer USDT to our address, we monitor blockchain confirmation
- Supplier receives yuan — usually within one business day
Documentation for the shipment
Our exchange does not replace an official foreign trade contract and invoice — you prepare those documents in the standard way. From our side you receive a payment confirmation that can be shown to the supplier as proof of payment.
Typical volumes: from 10,000 yuan
We handle amounts from 10,000 CNY (approximately 1,400 USDT). The ceiling for a single standard order is 500,000 CNY. For regular monthly shipments we recommend a fixed-rate agreement through Private Desk.
Security and partner verification
- Always verify recipient details directly with your supplier — not through third-party messengers
- Save a screenshot of the blockchain transaction — this is your primary payment record
- For a new supplier start with a test amount to confirm the details are correct
This arrangement is a private settlement, not an official bank transfer. The client is solely responsible for ensuring the payment complies with their country's currency control requirements. Consult an accountant before using this for business settlements.
Ready to exchange? Calculate your amount right now.