A sudden squeeze in Tether’s USDT supply in India has pushed the stablecoin’s local premium above 8.5%, more than double its usual level, with the dollar-pegged token trading well above the official exchange rate. A Supply Squeeze in the World’s Top Crypto Market The price of Tether’s USDT in India has surged well above its…
A sudden squeeze in Tether’s USDT supply in India has pushed the stablecoin’s local premium above 8.5%, more than double its usual level, with the dollar-pegged token trading well above the official exchange rate. A Supply Squeeze in the World’s Top Crypto Market The price of Tether’s USDT in India has surged well above its […]
Source: https://news.bitcoin.com/usdt-premium-india-8-5-percent-supply/
