Xinhuo Group's OTC business has introduced a low-cost compliant withdrawal solution, targeting large-scale USDT transactions. The new fee structure significantly undercuts the market average, reducing costs by more than half.
Fee Details and Market Comparison
The total cost for same-day settlement is 0.12% (1.2‰) and for overnight settlement it drops to 0.1% (1‰). In contrast, mainstream platforms typically charge over 0.2% (2‰). For example, withdrawing 1 million USDT at a 0.25% rate would cost 2,500 USDT, whereas Xinhuo's solution would charge only 1,200 or 1,000 USDT, saving at least 1,500 USDT per transaction. Importantly, the fee schedule has no expiration, allowing users to benefit from this low-cost channel indefinitely.
Industry Trends and Outlook
Industry observers note that the compliant OTC market has experienced a clear downward pricing cycle over the past year. In late 2025, leading platforms maintained withdrawal fees in the 0.25%–0.3% range. By 2026, the proliferation of licensed exchanges and the expansion of trading volumes have led to structural reductions in withdrawal costs. Xinhuo Group's proactive fee reduction may intensify competition, prompting more platforms to follow suit, ultimately benefiting large-scale fund flows. For institutional investors, lower compliant withdrawal costs enhance capital turnover efficiency and could further promote stablecoin adoption in the OTC market.