India’s USDT premium doubles as regulatory action tightens supply
India’s USDT premium has climbed to more than 8.5%, more than twice its usual level, after enforcement action against crypto remittance firms has disrupted the domestic supply of the stablecoin. Summary India’s USDT premium climbed above 8.5% after ED raids disrupted the domestic stablecoin supply. Authorities alleged crypto payment firms moved more than 2,500 crore…
