The USDT to PHP exchange rate reflects how many Philippine Pesos one Tether token is worth. As of April 2026, 1 USDT equals approximately ₱59.89 PHP. Since USDT is a stablecoin pegged to the US dollar, the PHP rate closely mirrors the USD/PHP foreign exchange rate set by Bangko Sentral ng Pilipinas.
Factors Affecting the Rate
The USDT/PHP rate is primarily driven by the USD/PHP forex rate. When the Philippine Peso strengthens against the dollar, the USDT/PHP rate decreases. Conversely, peso depreciation causes the rate to rise. Remittances, trade balances, and BSP monetary policy are key influencers.
Live USD/PHP Correlation
BSP Reference Rate
Exchange Rate Alerts
7-Day Rate Chart
30-Day Moving Average
All-Time High: ₱72.51
As of April 11, 2026, 1 USDT = ₱59.89 PHP. The rate fluctuates throughout the day based on forex market conditions.
USDT is pegged to USD, so its PHP value tracks the USD/PHP currency pair. BSP interest rate decisions and global dollar demand influence this rate.
Major exchanges like Binance, Bybit, and KuCoin typically offer rates within 0.1% of the market rate.