USDT reaches 260 dinars on Algeria’s parallel market
By the AFREEQUE newsroom, based on Algérie 360
In Algeria, USDT is trading at between 250 and 260 dinars, according to a survey by Algérie 360 on 20 October 2026. This peer-to-peer rate exceeds that of the dollar on the parallel market, quoted at 238 dinars to buy and 240 to sell, while the cryptocurrency has been banned since July 2025, the outlet says.
USDT, a cryptocurrency designed to track the US dollar, is trading at between 250 and 260 Algerian dinars on the parallel market, according to a survey conducted by Algérie 360’s editorial team on 20 October 2026. Its price varies according to the amount exchanged and the time.
This price is higher than the dollar’s rate on the black market and is close to double the official rate, Algérie 360 says. Since July 2025, buying, holding and using USDT have been punishable by imprisonment and a fine in Algeria. Transactions between individuals have no official value.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
