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USDT premium in India jumps above 8.5% amid supply squeeze and regulatory crackdown.

Market News
29 Jun 2026
TheNewsCrypto
View Source
Bearish
pluang ai news

The USDT stablecoin premium in India has surged beyond 8.5% due to a significant supply shortage caused by recent enforcement actions from the Indian government. This crackdown, involving about INR 250 billion in virtual digital asset transfers, has increased market uncertainty and tightened USDT liquidity. As a result, USDT is trading at a much higher rate compared to the USD/INR exchange rate, reflecting a risk premium driven by regulatory fears. Market participants are closely watching whether USDT supply and pricing will stabilize as government controls on crypto transactions continue to evolve.

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State Street Global Advisors reduces stake in DCC plc below 1.4% with recent share sales.

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