Inside the OTC Spread: How USDT Pricing Actually Works Under the Hood You send a request to an API. The response returns a price for USDT that is 0. 15% away from what your local exchange ticker shows.
Source: [Dev.to](https://dev.to/lavrent_sar_cfb476effcea1/inside-the-otc-spread-how-usdt-pricing-actually-works-under-the-hood-13gl)