USDT Hits 10% Premium in India: What It Means for Crypto Markets
USDT’s Surge: Understanding the 7%‑10% Premium in India Tether (USDT) is a stablecoin pegged to the U.S. dollar. In recent days it has been trading at a 7%‑10% premium on several Indian exchanges, meaning that buyers are paying significantly more rupees for each USDT than the official dollar‑rupee rate would suggest. This gap reflects a … Read more