Tether Trading at 7–10% Premium in India Amid Thin Liquidity

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Tether, the world's largest stablecoin, is currently trading at a 7% to 10% premium in India compared to its standard price. Executives from leading Indian crypto exchanges CoinDCX and CoinSwitch attribute the elevated price to a mismatch between supply and demand. Limited local liquidity in the Indian market is further contributing to the price gap. The platforms indicate this is a market-driven phenomenon rather than any structural or regulatory issue.

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