Stablecoin Premiums Rise as Offshore Dollar Stress Deepens
USDT trades at a premium in Asia amid funding squeezes. The Return of the Premium Stablecoins are supposed to trade one-for-one with the U.S. dollar, but in early 2025, cracks are showing in that assumption. Across several Asian exchanges, Tether’s USDT has been trading at a small but persistent premium, sometimes as high as 1.5 […]