t-0 Network is live. Backed by Tether, we are launching today with 30 financial institutions, covering 1,200+ cross-currency payment corridors through a single API. tether.io/news/tether-announ…

t-0 requires payment providers on the network to quote transparent rates against publicly available benchmarks, giving institutions a reliable source of FX pricing in markets where rates are hard to verify.

RFQ pricing has a built-in flaw: the rate you're quoted isn't always the rate you get. t-0's order book streams live collect and payout prices instead, so the rate holds from lock to execution. For institutions moving significant volume, that certainty compounds with every transaction.

Does a compliance delay mean I'm stuck with a bad rate? Imagine a $10,000 payout, sent via RTP, priced at five basis points, with no additional transaction fee on the route. The rate for it locks the moment the payment is submitted. If it gets held for an AML check and the market moves while it's paused, the limit on how far it can move was already set by you.

t-0 connects licensed financial institutions through a single API, reaching corridors around the world. Members settle only the net balance, on their own cadence, while local pay-in and payout run through regulated partners at each end.

Domestic net settlement systems, like UK Faster Payments, can afford to clear constantly because they run through a central bank in real time. However, a cross-border payment between correspondent banks takes one to two days, and any netting built on that rail means carrying two days of exposure before it clears. t-0 can close out the net position between members multiple times a day, so exposure never builds past the value of a single payment.

t-0's order book gives members live prices, continuously streamed. Once a rate is locked, execution follows near instantly. That's a different model from the request-for-quote pricing, where the rate you're quoted isn't always the rate you get by the time a payment routes and confirms. For institutions settling large-value cross-border volume, that certainty compounds across every transaction.

Collect in HKD, pay out in MXN, both near-instant on local rails. The transaction settles between the two institutions to a net USDT position, on a cadence each partner sets for itself.

You ask for a price on an FX conversion to execute a payout, then you wait. Somewhere between asking and getting a quote back, the market moves, and now the price you're about to accept isn't the price you asked for. On t-0, quotes come from a live order book. You see the price and lock it, then the payment executes.

Say you're a Payment Service Provider with strong local collection infrastructure in the Philippines. A member elsewhere on the network has a customer who needs to pay in PHP but can't collect it locally, so you take it on for them, through rails you already operate. Collection currently spans 64 countries. Book a call to check coverage for your corridor.

Why do so few settlement providers talk about collections? A payout just needs a local bank willing to receive and disburse funds. A collection needs that bank to release funds out of the country, and in some countries like Vietnam or Nigeria, that requires extra steps and approvals. On t-0, collections work the same way as payouts, from the start.

In some African markets, what today's FX rate is depends on who you're asking. T-0 requires its payment providers to price against public reference rates instead. Access Better FX with t-0 Network

t-0 Network runs in both directions. A licensed fintech in Vietnam joins the same network as a bank in the US, and both settle with each other directly. Get access to every other licensed institution already on the network, across corridors worldwide.

Converting into USDT and back out, for every payment? There's a better way: t-0 nets your balances against every counterparty on the network and settles once, on your cadence. Most payments never touch FX at all. If you're looking to cut settlement costs in emerging markets, this is the infrastructure built for it. Book a call with our team.

Converting into USDT and back out, for every payment? There's a better way: t-0 nets your balances against every counterparty on the network and settles once, on your cadence. Most payments never touch FX at all. If you're looking to cut settlement costs in emerging markets, this is the infrastructure built for it. Book a call with our team.