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RE: USDT Skyrockets to 8.5% Premium in India: The Aftermath of Crypto Payment Crackdowns

in LeoFinance20 days ago

When sovereign states dismantle compliant liquidity ramps, they don't extinguish demand ,they just make it more expensive.

India choked the on-ramps, and USDT shot to an 8.5% premium. Demand didn't disappear, it just found a pricier route.

Same thing happens in Ghana. When official channels fail, people turn to P2P, even at a cost.

What's next — crack down on P2P, or accept it?

Just followed you — would love to connect. 🙏