India’s Tether Premium: Unpacking the 10% Price Surge on Crypto Exchanges
Tether (USDT), the globe’s foremost dollar-pegged stablecoin, consistently commands a significant premium on Indian cryptocurrency platforms. This unusual pricing disparity, which recently reached a 7%-10% surge over its official dollar value, stems primarily from fundamental economic principles rather than arbitrary exchange policies. While some local reports initially linked the elevated premium to recent enforcement actions, … Read more