Topic Intelligence

enforcement

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Tether USDT Hits 8.5% Premium in India After Enforcement Crackdown
Crypto News

Tether USDT Hits 8.5% Premium in India After Enforcement Crackdown

Tether’s USDT stablecoin has surged to an 8.5% premium above its dollar peg on Indian cryptocurrency exchanges following an intense government crackdown on crypto payment firms, marking one of the sharpest supply disruptions for the token in a major emerging market. The Enforcement Directorate, India’s financial-crime agency, launched coordinated searches across six premises in Bengaluru...

Jun 29, 2026 4 min read