USDT supply in India has tightened, pushing the stablecoin’s local premium above 8.5%, compared with its typical 3%–4% range. USDT traded at INR 102.88 on Saturday, well above the official USD/INR exchange rate of 94.65. The shortage has been linked to reduced USDT inflows following an Enforcement Directorate crackdown on alleged illegal money transfers through virtual digital assets. Market participants will monitor whether supply improves and regulatory clarity eases pricing pressures.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Ethereum co-founder Vitalik Buterin said cryptographic obfuscation could eventually enable highly secure and private blockchain…
As crypto markets slowly recover, one analyst is warning investors to stay away from several…
Pi Network’s latest Pi2Day celebration delivered several ecosystem upgrades, yet the market response has been…
Galaxy Research has reduced its estimate for the Digital Asset Market CLARITY Act becoming law…
Binance founder Changpeng Zhao (CZ) has overtaken Bill Gates in Forbes' real-time billionaire rankings. According…
Pi Network marked Pi2Day 2026 with a series of product launches. These were designed to…
