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The Nexus
BUSINESSJun 29 · 09:49 UTCTHE BLOCKNaga Avan-Nomayo

India’s USDT premium tops 8.5% as crypto remittance crackdown squeezes stablecoin supply: report

India's USDT premium exceeded 8.5% following Enforcement Directorate raids on Bengaluru crypto firms, which disrupted stablecoin supply. The crackdown on crypto remittances is cited as a key factor in the supply squeeze.

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IndiaplaceUSDTtopicEnforcement DirectorateorganizationBengaluruplacecrypto remittancetopicstablecoin supplytopic
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