How do I change USDT to Mexican pesos?

Deposit USDT on any supported chain and request an MXN withdrawal to your CLABE. Pesos arrive by SPEI, usually within minutes of approval.

What is SPEI and how long does it take?

SPEI is Mexico's interbank transfer system, run by Banxico. Transfers between banks usually settle in minutes, every day of the year.

Can I hold my balance in dollars?

Yes, that is how Wayex works by default. Your balance is held in USD regardless of what you deposit.

How do I buy USDT with SPEI?

Deposit pesos by SPEI, then withdraw USDT on the chain you want. You can also skip the withdrawal and spend the balance with the card.

Limits depend on your verification level, and the app shows yours before you confirm a transfer.

SPEI

Pesos in by SPEI, dollars on your card

SPEI runs every day of the year. Deposit pesos from any Mexican bank, hold the balance in dollars, and cash back out to your CLABE when you need pesos again.

USDC, USDT, DAI and PYUSD, on 10+ blockchains.

On-ramp

Deposit pesos by SPEI

Send a SPEI transfer from any Mexican bank using the CLABE shown in the app. Transfers usually settle within minutes, whatever day it is. Your pesos convert into a USD balance at the rate shown before you confirm.

Verify your identity in the Wayex app. Once is enough.
Copy your CLABE deposit details from the app and send a SPEI transfer.
Hold dollars, spend them with the card, or convert into USDC, USDT, DAI or PYUSD.

Off-ramp

Withdraw pesos to your CLABE

Deposit USDT or USDC on any supported chain and withdraw pesos by SPEI to any Mexican bank account. The conversion out of USD uses the rate you see before confirming.

Deposit USDC, USDT, DAI or PYUSD on any of 10+ chains, or use your existing balance.
Request an MXN withdrawal and enter your CLABE.
Receive pesos, usually within minutes of approval.

Settlement speed

SPEI in: Usually minutes, every day
SPEI out: Usually minutes once approved

SPEI operates 365 days a year. Compliance checks on either side can add time to individual transfers.

What it costs

Pesos convert into your USD balance at the rate shown in the app before you confirm. USDT deposits carry a 0.1% fee; USDC, DAI and PYUSD deposits carry none.

USDTUSDCDAIPYUSD

The dollar account alternative for Mexico

Most people searching for a cuenta en dólares just want to hold dollars and still get pesos back easily. A Wayex balance is held in USD from the moment your SPEI transfer lands. Spend it anywhere Visa is accepted, or turn it back into pesos with a withdrawal to your CLABE.