Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demand-supply imbalance and thin local liquidity. Tether’s USDT stablecoin has surged to an unusually high premium of more than 8.5% over the dollar on Indian crypto exchanges, compared with a typical 3 to 4% range. Executives at major platforms CoinDCX and CoinSwitch say the premium reflects a demand-supply imbalance and thin local liquidity, not exchange-set pricing or hidden fees. USDT, the world's largest d…
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