Indian Crypto Market: Tether (USDT) Premium Surges to 10% Amidst Supply Squeeze and Regulatory Hurdles
Tether (USDT), the world’s preeminent dollar-pegged stablecoin, is currently trading significantly above its face value on various Indian cryptocurrency platforms. This phenomenon, where USDT commands a premium of 7% to 10% over the U.S. dollar, has sparked considerable discussion within the local crypto community. While some initial reports linked this spike to recent enforcement actions … Read more