🇮🇳 India is facing a growing stablecoin supply crunch.



• Shortage of USDT and other stablecoins has pushed the USDT premium above 8.5%.

• Higher premiums are making crypto purchases more expensive and reducing market liquidity.$BTC
BTC1.87%
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SugarMarketMaker
· 3h ago
The premium is so high, local retail investors are suffering, it's equivalent to being indirectly exploited.
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Neon-LitStreetsAfterTheRain
· 3h ago
Third brother is being choked by USD liquidity, the spread between CEX and OTC is probably even larger, the arbitrageurs are ecstatic.
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OrigamiMountainsAndRivers
· 3h ago
India's stablecoin premium of 8.5% is pretty steep, sending the cost of buying coins skyrocketing.
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NonceNomad
· 4h ago
USDT shortage in India = arbitrage opportunity if you can route liquidity efficiently
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