Morning Edition · Tuesday, June 30, 2026
Tether trades at a 7 to 10 percent premium in India as dollar demand outruns supply
Executives at major Indian exchanges say the persistent premium on the largest stablecoin reflects thin local liquidity and strong demand for dollars rather than any manipulation.
Tether, the largest dollar stablecoin with roughly 184.7 billion dollars in circulation, is trading at a 7 to 10 percent premium on Indian exchanges. Executives at the platforms CoinDCX and CoinSwitch attribute the gap to a demand-supply im…
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Stablecoins Strain Emerging-Market Monetary Sovereignty
As dollar tokens spread through developing economies faster than regulated rails can form, recurring local premiums, enforcement crackdowns, and central-bank warnings will keep mounting, pressuring monetary sovereignty and capital controls in poorer countries.
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