According to RemitRoutes data, the cheapest way to cash out USDT to Colombia right now is to off-ramp through Binance P2P, which sells USDT for COP at roughly a 0.92% spread. All-in — the USD on-ramp, the on-chain transfer, and the off-ramp spread — that works out to about 17.15% of the amount on a $1,000-equivalent transfer. That is about 0.26 percentage points cheaper than the best bank or fintech we track (Wells Fargo ExpressSend at 17.41%).
| Step | Where | What happens |
|---|---|---|
| 1 | Coinbase | Buy USDT with USD |
| 2 | Tron | Send USDT on-chain — settles in seconds, cents in network fees |
| 3 | Binance P2P | Sell USDT for COP (~0.92% spread), withdraw to a local bank or wallet |
According to live RemitRoutes data, the cheapest USDT-to-COP off-ramp is Binance P2P, charging roughly a 0.92% spread to convert USDT to COP. Including the USD on-ramp, the on-chain network fee, and that off-ramp spread, the all-in cost is about 17.15% of the amount on a $1,000-equivalent transfer. We re-measure every 6 hours.
Binance P2P currently shows the lowest USDT-to-COP spread in our data, settling over Tron. Off-ramp rates move with local liquidity, so check the live numbers before you sell — the cheapest venue can change between our 6-hour refreshes.
Yes. At about 17.15% all-in, the USDT route beats the cheapest traditional provider we track (Wells Fargo ExpressSend at 17.41%) by roughly 0.26 percentage points on this corridor.
Updated August 23, 2026 · refreshed every 6 hours. All-in cost = USD on-ramp + on-chain network fee + off-ramp spread on a $1,000-equivalent transfer, measured from live exchange data. Figures reflect the cheapest live dollar-stablecoin route; USDT and USDC off-ramp at near-identical rates on Binance P2P. Full USD→COP cost data · methodology.