CryptoThe Blockabout 1 hour ago
India USDT premium tops 8.5% on supply squeeze
1 min read
India's USDT premium exceeded 8.5% as a crypto remittance crackdown reduced stablecoin supply. The premium reflects a widening gap between local and international prices. Traders face higher costs for acquiring Tether on Indian exchanges due to tightened regulatory enforcement against crypto-based remittance channels.
Level
Hype check
Tap to vote and see what everyone thinks.
