STABLECOINS | India’s USDT Premium Doubles in 2026 as Regulatory Crackdown Squeezes Dollar Liquidity
India’s growing regulatory pressure on cryptocurrency transactions has pushed the local price of Tether’s USDT to its highest premium over the U.S. dollar in 2026 underscoring how enforcement measures are making access to dollar-backed stablecoins increasingly expensive. USDT was trading at around 102.88 Indian Rupees on June 29 2026, roughly 8.5% above the official USD/INR exchange rate of about 94.65 rupees, according to market data. The premium reflects local supply constraints rather than any loss of USDT’s global dollar peg, […]
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- 2026-06-30 12:58 UTC
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- 2026-07-17 00:48 UTC
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- STABLECOINS | India’s USDT Premium Doubles in 2026 as Regulatory Crackdown Squeezes Dollar Liquidity
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Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
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BitKE reported the item at 2026-06-30T04:00:35.000Z.
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