Accepting USDT Payments: The Best Solutions for Your Business

In 2024, the volume of transactions carried out using stablecoins reached $27.6 trillion — nearly 8% more than the combined volume processed through Visa and Mastercard. The growing popularity of stablecoins is easy to explain:

• their value remains relatively stable as it is pegged to fiat currencies or commodities;
• they can be easily exchanged for more volatile cryptocurrencies;
• they are convenient for payments and transfers due to fast processing times and low fees.

To accept payments in USDT — the most popular stablecoin among users — you’ll need to set up a dedicated crypto wallet for business. This article explores how to do just that and what features to look out for when choosing the right USDT payment gateway.

How Blockchain Payments with a Business Crypto Wallet Work

First, choose a wallet provider and integrate it with your website. Once connected, USDT payments (most commonly via the TRC20 network) will become available as a payment option. When a customer selects to pay with crypto, the wallet automatically generates a unique address for the transaction.

Your business wallet then notifies your website via API when the payment has been received. The customer's account balance is updated instantly, and you’ll have immediate access to the funds within your wallet.

However, not all crypto wallets offer the necessary tools and level of security required by businesses. Given that financial assets and sensitive data are involved, these factors are crucial. Here’s what to consider when choosing a privacy-focused crypto gateway for business.

What Makes a Good Crypto Wallet for Business?

USDT Payment Gateway API Integration

Without API support, your wallet can’t be properly linked to your website. That means addresses for incoming payments would have to be generated manually — as would the withdrawals. This is inefficient, time-consuming, and prone to error.

Real IP Address Protection

Cryptocurrencies are not anonymous by default. Before a transaction is added to the blockchain, it’s processed by public nodes, which collect the wallet’s IP address. To prevent hackers or competitors from tracing your activity, it’s vital to keep this address hidden.

BitHide protects your real IP using its Dark Wing technology — a combination of Tor and VPN. The system alters your IP three times before reaching the node, making it impossible to trace your true server location. You can read more about the technology in this article.

Installable on Your Own Server

Running the wallet software on your own server means full control over your crypto and data. You choose where your server is hosted and decide how strict your AML/KYC checks will be for clients.

Seed Phrase Ownership

If you don’t have full control of your seed phrase — or someone else does — you don’t truly own your crypto. Always ensure the wallet provider gives you a seed phrase during setup and doesn’t store a backup copy. This is a fundamental aspect of ownership and security.

Data Encryption

When accepting USDT payments on your website, data security is essential. A good wallet should encrypt all usage history and sensitive information. For example, BitHide uses a unique 512-bit encryption key for each user — a level of encryption currently considered unbreakable.

It’s also vital that callback notifications (such as payment confirmations sent to your site) are encrypted. Without this, attackers could spoof payment confirmations and feed false data to your system.

With BitHide, callback encryption can be enabled with a single checkbox in the wallet settings. Simply set up a code between 12 and 256 characters in length, which will be used to encrypt all callbacks sent to your website.

Bulk Payments

If you need to regularly send crypto to a number of partners or employees, bulk payment tools can save you time and reduce errors. BitHide’s bulk payment, for instance, helped one gambling company process salaries eight times faster.

Auto Withdrawals

To avoid keeping large balances in a hot wallet and eliminate the need for manual fund transfers, automatic withdrawals are ideal. This feature lets you set a threshold — once it’s reached, the system automatically transfers funds at any time of day.

Conclusion

What is USDT for business? It’s a fast, secure, and increasingly popular way to accept crypto payments from customers. To get started, simply choose a crypto wallet for business and integrate it with your website or trading platform. Visit our homepage to learn more about BitHide and start accepting USDT payments with ease.