Reverse Kimchi premium emerges for BTC, USDT

A reverse Kimchi premium has appeared for USDT, with its price on the South Korean exchange Upbit trading below the official won-dollar exchange rate. Currently, the won-dollar rate is 1,473.7 won, while USDT is trading at 1,473 won on Upbit. Bitcoin is also showing a reverse premium of approximately -0.07%.