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#crypto crackdown

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USDT Premium Surges in India Amid Crypto Payment Crackdown

Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollar-pegged USDT to Indian platforms, pushing its local price more than 8.5% above the dollar, roughly double the usual gap.

#usdt#tether#crypto crackdown#india#cryptocurrency market

· · The Block

USDT Premium Surges 8.5% in India Amid Crypto Crackdown

India's USDT premium topped 8.5% after Enforcement Directorate raids on Bengaluru crypto firms reportedly disrupted stablecoin supply.

#usdt#stablecoin#crypto crackdown#india crypto#crypto regulations