29 June 2026AI summary
Tether's USDT jumps to 8.5% premium in India after crypto payment crackdown
AI-summarised from reporting by CoinDesk. How we use AI.
Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollar-pegged USDT to Indian platforms, pushing its local price more than 8.5% above the dollar, roughly double the usual gap.
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About this article: this is an AI-generated summary of reporting by CoinDesk. It has not been reviewed by a human editor. We use AI to localise crypto news for Australian readers, and we link back to the original source so you can verify the facts.
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