USDT trades over 8.5% premium in India amid ED crackdown

Enforcement Directorate probes USDT transfers ₹2,500cr

The ED has been investigating cross-border transfers using USDT, citing possible violations of foreign exchange rules.
These channels were a go-to for many Indians abroad because they were cheaper and offered better returns thanks to stablecoin premiums.
Now, with probes into alleged ₹2,500 crore

crypto deals and tighter controls, there's less USDT available in India, which means higher prices for those who want it.

Regulatory uncertainty drives higher USDT premiums

With all this uncertainty and stricter oversight, risk is getting priced into the market, pushing premiums even higher.
It's another sign that India needs clearer rules around digital assets as global attention on crypto keeps growing.