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Morning Edition · Monday, June 29, 2026Published at 6:32 AM EDT · New York
Tether Trades at an 8.5% Premium in India as Enforcement Outpaces Legal Rails
The gap between the local USDT quote and the official dollar rate shows how policy pressure makes stablecoin liquidity more expensive before regulated channels exist.
Tether's USDT has been trading about 8.5% above India's official dollar rate, according to CryptoSlate, a premium that reveals how enforcement pressure shapes the price of dollar liquidity. When access to a stablecoin is restricted faster t…
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