FSP 54432 Authorised by the FSCA

Trade USDT and rand in size.

A real trader at North Pacific buys and sells USDT against rand for your business. Every quote is priced across the full order book for your size, settled from your prefunded balance, and confirmed in writing.

Open an account See how it works
USDT / ZAR

Request a price

Tell us what you need. A trader confirms a firm, all-in rate with you before anything is agreed.

R

Existing clients: your trader will call or message you back. New clients: we'll start your account application first.

How the OTC desk works

No exchange screens and no slippage surprises. You agree a price with a trader, and the trade settles straight away from money you've already deposited.

  1. Open your account

    We verify your business, its directors and owners. Our compliance team approves the account, usually within a few working days.

  2. Prefund

    Deposit rand by EFT with your reference, or send USDT to your own Ethereum deposit address.

  3. Ask for a price

    Tell your trader the amount. You get a firm all-in rate, held for long enough to say yes.

  4. Settle and withdraw

    The trade settles at once. Ask us to pay rand to your verified bank account or send USDT to your approved wallet.

Pairs
USDT against rand (ZAR)
Network
USDT on Ethereum (ERC-20)
Pricing
One all-in rate per trade

Built for businesses that move real volume

If you need to convert between rand and USDT regularly, in amounts where a few basis points matter, the desk is for you.

Importers and exporters

Pay and get paid by suppliers and customers abroad who settle in USDT, and bring the proceeds home in rand.

Payment companies

Top up or unwind USDT liquidity without moving the market on an exchange.

Exchanges and brokers

Rebalance inventory between rand and USDT with one counterparty and a clean paper trail.

Corporate treasuries

Hold and convert stablecoins with a regulated South African provider and full audit records.

High-net-worth clients

Larger personal trades handled with the same verification and confirmations as our business clients.

Coming soon

North Pacific Wallet: dollars in your pocket, sent like a text.

A simple app for everyday South Africans to hold USDT, a digital dollar, and send it to anyone with a phone number.

  • Buy with instant EFTFrom your bank app, with the full price shown before you pay.
  • Send to any SA numberIf they don't have the app yet, they claim it when they sign up.
  • Cash out to your bankSell back to rand and get paid into your own account.
Join the waiting list

Regulated, and open about it

North Pacific is an authorised financial services provider supervised by the Financial Sector Conduct Authority. We verify every client and check transfers, as South African law requires.

Crypto assets carry risk. Their value can rise and fall sharply, and you could lose some or all of the money you put in. USDT aims to track the US dollar but is not guaranteed to, and it is not protected by any deposit insurance.

Nothing on this website is financial advice, or an offer to buy or sell any crypto asset. Read our full crypto asset risk disclosure.

Registered name
North Pacific (Pty) Ltd
FSP number
54432
Regulator
Financial Sector Conduct Authority (FSCA)
D-U-N-S number
588248001
Registration number
2023/54144/07
Key Individual
Matthew Morgan
Compliance officer
Thabiso Maapola
Contact
admin@northpacific.co.za or 064 652 7542
Disclosures
FAIS disclosures (PDF)

Open an account

Tell us who you are. We'll email you the application form and the list of documents we need. Reply with them, and our compliance team will review your application, usually within a few working days.

  • Business application (KYB)Companies, trusts and partnerships
    PDF
  • Individual application (KYC)Private clients trading in size
    PDF
  • Document checklistWhat to send with your application
    PDF

Prefer to talk first? Call 064 652 7542 or email admin@northpacific.co.za.