Indian Crypto Markets Face 10% USDT Premium Amid Enforcement Directorate Crackdown
USDT, the world’s leading stablecoin with a market capitalization of $184.68 billion, is currently experiencing an unprecedented price dislocation in the Indian market. Over the weekend, the fiat-pegged token traded at a 7% to 10% premium on major domestic exchanges, reaching approximately ₹102.88 against an official USD/INR exchange rate of roughly 94.65. While local commentators … Read more





