USDT Premium in India Jumps Past 8.5% as Stablecoin Supply Tightens
A sudden squeeze in Tether’s USDT supply in India has pushed the stablecoin’s local premium above 8.5%, more than double its usual level, with the dollar-pegged token trading well above the official exchange rate. A Supp...
High signal
Published in the last two hours. 3 independent sources are tracking the same story.
Why this matters
Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
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Cross-source coverage
3 sources
India’s USDT supply tightens as local stablecoin premium surges past 8.5% amid regulatory crackdown
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India’s USDT premium tops 8.5% as crypto remittance crackdown squeezes stablecoin supply: report
India's USDT premium topped 8.5% after Enforcement Directorate raids on Bengaluru crypto firms...
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