Markets· ★★· neutral·

India's USDT premium holds above 6% at 6.54%

  • —India's USDT premium was 6.54% on October 27
  • —The premium was 6.32% a day earlier and 6.90% on October 22
  • —Benchmark USDT price across three exchanges: ₹101.24
  • —A narrower premium reduces gains when converting back to rupees
Why it matters: India's USDT premium gauges local stablecoin demand; its compression cuts arbitrage returns and signals easing buying pressure in the market.
#USDT
Source: Coin Edition
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