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🇮🇳 In India, 1 $USDT is no longer worth just $1.
Global price → $1.00
Indian buyers pay → $1.085+
Reason? FIU cracked down on the OTC crypto market, and exchanges were ordered to preserve all OTC records starting January 2026.
Supply tightened.
Premiums went up.
The bigger picture
↳ 1% TDS on every stablecoin transaction.
↳ 30% tax on gains.
A dedicated stablecoin regulation?
Still zero.
No framework.
Yet people continue using it.
And now they're paying a premium.
Around the world, 1 $USDT = $1.00
In India, 1 $USDT = $1.085+
The direct cost of the crackdown
Is coming out of your pocket.