If you’ve compared rates lately, you’ve seen that USDT to ETB is much higher than the official bank dollar rate.

Here’s why

- Crypto demand exceeds local USD supply.

- P2P and black-market traders adjust prices dynamically.

- Limited foreign reserves** keep the official rate low.

In short, USDT mirrors the real-world value of the dollar under open market conditions.

As Ethiopia tightens its forex system, USDT continues to be a fast, liquid alternative for traders.