USDT and USDC to Yuan (CNY), and CNY to USDT- Pay-in (on-ramp)
- Local bank transfer
- Payout (off-ramp)
- Local bank account
- Local settlement
- Next day (T+1)
- Indicative cost
- from 0.11%
Convert USDT and USDC to CNY, and CNY to stablecoins
JET quotes both directions on every pair: buy the stablecoin with CNY (on-ramp) or sell it for CNY and withdraw to a bank account (off-ramp). Routing compares several liquidity providers on every conversion, so the rate is the best available at the time, not a single broker's spread.
| Stablecoin | On-ramp | Off-ramp | Indicative cost |
|---|---|---|---|
| USDT Tether, US dollar | CNY → USDT | USDT → CNY | from 0.12% (12 bps) |
| USDC Circle, US dollar | CNY → USDC | USDC → CNY | from 0.11% (11 bps) |
| EURC Circle, euro | CNY → EURC | EURC → CNY | from 0.14% (14 bps) |
| USDG Paxos, US dollar | CNY → USDG | USDG → CNY | from 0.12% (12 bps) |
| PYUSD Paxos, US dollar | CNY → PYUSD | PYUSD → CNY | from 0.14% (14 bps) |
How CNY on- and off-ramps work on JET
- Pay in CNY. Send CNY by local bank transfer. Each pay-in is matched to your account automatically.
- Convert. JET converts at the best available rate and credits USDT, USDC or another supported stablecoin to your JET account or to your own wallet, usually within minutes.
- Pay out or hold. Hold the stablecoins, send them on, or reverse the route: sell USDT or USDC for CNY and pay out to a local bank account the next business day.
Across Asia-Pacific JET reaches the major supplier and remittance markets, from China and Vietnam to India, Pakistan, Bangladesh and the Philippines.
Who uses CNY ramps
- Exchanges and fintechs offering their users a CNY on-ramp and off-ramp without building local banking in China.
- Importers and exporters paying or collecting in CNY while holding working capital in dollar stablecoins.
- Remittance companies and PSPs settling CNY corridors on stablecoin rails, with a full audit trail on every payment.
- Treasuries moving between CNY and USDT or USDC on demand, with no volume minimum.
Frequently asked questions
How do I convert USDT to CNY?
Send USDT to your JET account, choose CNY and the recipient's local bank account in China. JET sells the USDT at the best available rate and pays out CNY the next business day. Indicative cost from 0.12%.
What is the USDT to CNY rate today?
JET quotes a live USDT to Yuan (CNY) rate at the moment you convert, taken from the best of several liquidity providers, and shows it with the fee before you confirm. The all-in cost on top of the market rate is indicatively from 0.12%.
Can I withdraw USDT or USDC to a bank account in China?
Yes. JET pays out CNY to a local bank account, so the stablecoin ends up as Chinese yuan in the recipient's account the next business day.
How do I buy USDT with CNY?
Open a JET account, pay in CNY by local bank transfer and choose USDT as the target. JET converts at the best available rate and credits USDT to your JET account or your own wallet, usually within minutes. Indicative cost from 0.12%.
Is there an API for a CNY on-ramp and off-ramp?
Yes. Exchanges, wallets and fintechs connect to the JET API (webhooks and a sandbox included) to offer CNY to USDT and USDC and back to their own users, and JET's engineers build the integration with you. Indicative cost for USDC from 0.11%.
What does a CNY to USDT or USDC conversion cost?
Indicatively from 0.11% all in (FX and fees), depending on volume and corridor. The rate is shown before you confirm. There is no required volume minimum and no minimum fee. Your price is confirmed in your client agreement.
Do I need to understand crypto to use it?
No. You can send and receive ordinary currency at both ends and let stablecoins be the rail in between, or hold USDT and USDC in a JET account if that is what you want.