Update
Weekend USDT/INR Pricing Gap Revealed
Friday's ₹94.96 rupee close contrasted with Tether quotes above ₹100, exposing a weekend pricing gap. Indian rupee closed at ₹94.96 per dollar, while cryptocurrency platforms showed differences in dollar-linked stablecoin prices. Binance and Bybit displayed premiums of 9.94% and 10.05%, respectively, reflecting local rupee prices influenced by token demand, liquidity, and dealer margins. The weekend will provide stronger evidence of weekend USDT/INR premiums.