CryptoCoinDeskabout 18 hours ago
USDT premium hits 8.5% in India after crackdown
1 min read
Tether's USDT premium on Indian crypto platforms surged to over 8.5% above its dollar peg after the Enforcement Directorate searched six Bengaluru premises and accused five crypto payment firms of moving over $265 million in unauthorized cross-border transfers using USDT, tightening domestic supply.
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