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USDT vs the black-market dollar today

At 06:24, 15 Oct 2026 (GMT+7), the black-market dollar sells at 26,050 VND and buys at 26,000 VND (source: tygiausd.org).

The cheapest USDT on P2P, 25,994 VND (Binance P2P), is 0.21% cheaper than the black-market dollar.

The Vietcombank USD sells at 26,090 VND, so the black-market dollar is −0.15% compared with the bank.

01Compare

USDT, black-market dollar and the bank rate

RateBuy 1 USD/USDTSell 1 USD/USDT
USDT on P2Pcheapest buy: Binance · best sell: OKX25,99425,979
Black-market USDtygiausd.org · 06:24, 15 Oct 2026 (GMT+7)26,05026,000
Vietcombank USDofficial rate26,09025,710

Black-market rate from tygiausd.org

02Trend

30 days: USDT, black-market dollar and the bank rate

USDT P2P (buy)Black-market USDVietcombank USD

03Why

Why are these three rates different?

  1. The bank rate follows the State Bank of Vietnam's central rate, but buying dollars at a bank requires a valid purpose and is limited.
  2. The black-market rate reflects cash supply and demand outside banks and tends to sit above the bank rate when dollars are scarce.
  3. P2P USDT is a "digital dollar" bought with bank-transferred dong, so its price usually stays close to the black-market rate: both serve dollar demand outside banks.

Trading foreign currency at unlicensed places is illegal in Vietnam. coinglee shows these rates for reference only and does not encourage unlicensed currency trading.

04FAQ

USDT to VND: frequently asked questions

USDT vs the black-market dollar today

At 06:24, 15 Oct 2026 (GMT+7), the black-market dollar sells at 26,050 VND and buys at 26,000 VND (source: tygiausd.org). The cheapest USDT on P2P, 25,994 VND (Binance P2P), is 0.21% cheaper than the black-market dollar.

Is the USDT price the same as the black-market dollar?

Not exactly, but usually close. Both reflect dollar demand outside the banks, so the gap is often only a few dozen dong; the table above shows the current gap.

Why is USDT often cheaper than the Vietcombank USD rate?

The bank's USD selling rate includes the bank's margin and only applies to transactions with a valid purpose. P2P USDT is priced by supply and demand between users, so it can sit below the bank rate.

Where does coinglee get the black-market rate?

From the public site tygiausd.org, refreshed about every 30 minutes. It is a third-party reference, not an official rate.

Live/USDT · VND Updated
Exchange You buy USDTyou pay per USDT You sell USDTyou receive per USDT
Binance P2P You buy USDT 25,994₫ ▼ −0.20%Cheapest You sell USDT 25,962₫ ▼ −0.18%
OKX P2P You buy USDT 26,017₫ ▼ −0.15% You sell USDT 25,979₫ ▼ −0.14%Highest
Bybit P2P You buy USDT 26,048₫ ● 0.00% You sell USDT 25,933₫ ▼ −0.09%
Vietcombank USDbank rate, for reference Bank sells26,090₫ Bank buys25,710₫

Referral link: coinglee may earn a commission from the exchange. Your price doesn't change.

Crypto-assets are volatile and you can lose money. Binance, OKX and Bybit are not licensed in Vietnam, and trading through unlicensed platforms can be fined under Decree 284/2026/ND-CP.