💸 USDT Trading at 8.5% Premium in India
USDT is selling in India at an 8.5% premium over the dollar rate. It trades near 103 rupees versus the official 94.65 rupees per dollar.
Raids on firms using USDT to bypass currency rules have cut liquidity on local platforms, causing a shortage. The usual premium of 3–4% has more than doubled.
#OilPriceFalls
#JDVanceDisclosesBTCHoldings
USDT is selling in India at an 8.5% premium over the dollar rate. It trades near 103 rupees versus the official 94.65 rupees per dollar.
Raids on firms using USDT to bypass currency rules have cut liquidity on local platforms, causing a shortage. The usual premium of 3–4% has more than doubled.
#OilPriceFalls
#JDVanceDisclosesBTCHoldings