[India's USDT Premium Rises Above 8.5%] Odaily Planet Daily News: The supply of USDT in India has tightened, and the local stablecoin premium has risen from the usual 3%-4% to over 8.5%. On Saturday, USDT was quoted at 102.88 Indian Rupees, while the USD to INR closing exchange rate on Friday was 94.65. Reports indicate that the reduced inflow of USDT and concerns over further slowdowns stem from the Enforcement Directorate's crackdown on the transfer of 250 billion Indian Rupees through virtual digital assets. Purushottam Anand, founder of Crypto Legal, stated that the recent surge may partially reflect a risk premium triggered by regulatory uncertainty. (economictimes)