Tether, the issuer of the USDT stablecoin, announced its relocation of headquarters to El Salvador after obtaining a Digital Asset Service Provider (DASP) license.
This move positions Tether in a crypto-friendly nation that has embraced Bitcoin as legal tender, furthering its goal of promoting global Bitcoin adoption.
Tether's CEO praised El Salvador's president and described the country as a 'beacon of freedom' and a forward-thinking market in the fintech landscape. Show Less
