← All stories
Markets 10 sources

USDT Premium in India Surges Above 8.5% Amid Supply Shortage

Covered by 10 sources · 10 articles

10 outlets - including Livebitcoinnews, Tronweekly and Thenewscrypto and 7 more - are covering this story. India’s USDT premium exceeded 8.5% as stablecoin supply tightened after ED action. Reduced USDT inflows widened the gap between local crypto and forex market prices. Parliament’s July 2 crypto talks may shape future stablecoin liquidity and…

Covered by

All coverage

Live Bitcoin News Jun 29, 17:00 UTC

India’s USDT Premium Surges Above 8.5% After Regulatory Crackdown

India’s USDT premium exceeded 8.5% as stablecoin supply tightened after ED action. Reduced USDT inflows widened the gap between local crypto and forex market prices. Parliament’s July 2 crypto talks may shape future stablecoin liquidity and…

India’s USDT Supply Shock: 8.5% Premium Sparks Demand Surge
TronWeekly Jun 29, 12:30 UTC

India’s USDT Supply Shock: 8.5% Premium Sparks Demand Surge

India’s USDT supply is under pressure, and the effects are becoming hard to ignore. A sharp tightening in available Tether (USDT) has pushed the stablecoin’s local premium above 8.5%, far above its usual range of 3% to 4%. The development w…

India’s USDT Premium Surges Above 8.5% as Stablecoin Supply Tightens
TheNewsCrypto Jun 29, 10:52 UTC

India’s USDT Premium Surges Above 8.5% as Stablecoin Supply Tightens

A major USDT supply squeeze has hit India’s USDT market, sending the price premiums of the stablecoin past its usual trading band. As per a report from The Economic Times, USDT was sold at around 102.88 INR on Saturday, whereas the USD/INR…

India’s USDT Premium Spikes Above 8.5% as Enforcement Crackdown Squeezes Supply
Blockchain Reporter Jun 29, 10:30 UTC

India’s USDT Premium Spikes Above 8.5% as Enforcement Crackdown Squeezes Supply

India's USDT supply tightens as a regulatory crackdown pushes the stablecoin premium above 8.5%, raising trader costs and deepening liquidity strain.

Crypto Briefing Jun 29, 09:55 UTC

India’s USDT supply tightens as local stablecoin premium surges past 8.5% amid regulatory crackdown

India's regulatory crackdown on stablecoins highlights the broader challenges of balancing innovation with compliance, impacting market dynamics. The post India’s USDT supply tightens as local stablecoin premium surges past 8.5% amid regula…

India USDT Premium Surges Above 8.5% After Crypto On-Ramp Disruption
DailyCoin Jun 29, 09:03 UTC

India USDT Premium Surges Above 8.5% After Crypto On-Ramp Disruption

Regulatory crackdown on crypto on-ramp providers disrupts liquidity, pushing local USDT prices to their highest premium in recent memory.

Cryptopress Jun 29, 07:58 UTC

USDT Premium In India Jumps Above 8.5% After ED Crypto Crackdown

USDT is trading at a steep premium in India after a supply squeeze pushed the dollar-linked stablecoin well above the local USD-INR rate. The local USDT price reached ₹102.88, compared with a Friday USD-INR close of 94.65 in the Indian fore…

USDT Premium In India Jumps Above 8.5% After ED Crypto Crackdown
Crypto Adventure Jun 29, 07:54 UTC

USDT Premium In India Jumps Above 8.5% After ED Crypto Crackdown

USDT is trading at a steep premium in India after a supply squeeze pushed the dollar-linked stablecoin well above the local USD-INR rate. The local USDT price reached ₹102.88, compared with a Friday USD-INR close of 94.65 in the Indian fore…

The Crypto Times News Jun 29, 06:55 UTC

India’s USDT Premium Jumps to 8.5% Amid ED Raids & Stablecoin Shortage

India's USDT premium surged to 8.5% after the ED's ₹2,500 crore crackdown disrupted stablecoin supply, exposing regulatory gaps ahead of key RBI-Parliament crypto discussions.

USDT Premium in India Surges Above 8.5% Amid Supply Shortage
Coinpedia Jun 29, 05:50 UTC

USDT Premium in India Surges Above 8.5% Amid Supply Shortage