Episode Details

USDT’s soaring premium in India—sometimes hitting 7-10%—isn’t a fee or exchange manipulation, but pure market math: demand outstripping supply. With enforcement actions tightening USDT’s local inflow and crypto newcomers flocking to it as a dollar gateway, scarcity drives up price. Indian exchanges like CoinDCX and CoinSwitch confirm it’s a widespread liquidity crunch, not platform-specific, rooted in basic economics.

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