Paying overseas suppliers (China, UAE, Turkey) in USDT has become the dominant pattern for Nigerian importers since 2023. This guide covers the standard flow plus risk management.
By the end you'll know how to send USDT to a supplier, document for tax, and handle the dispute scenarios.
What's in this guide
1. Get supplier USDT address
Supplier provides their USDT address (TRC20 most common). Verify in writing.
2. Fund your Monica USDT
From naira: buy USDT on Monica, then withdraw to supplier address. Or send existing USDT directly through Monica.
3. Documentation
Keep transaction hash, supplier confirmation, invoice. Bank may ask for source-of-funds for inflows on the other side.
4. Disputes
USDT is final onchain. Disputes resolve outside the platform supplier-buyer agreement only.
FAQ
Best network for supplier payment?
TRC20 supplier-friendly, low fees.
Reversal possible?
No onchain is final.