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Why USDT Issuer Tether Establishing Headquarters in Bitcoin-Friendly El Salvador Is Big Deal

Summary by Coin Desk
Tether, the crypto behemoth behind the $137 billion stablecoin USDT, is establishing headquarters for the group in bitcoin-friendly nation state El Salvador, the company said on Monday.The firm said the development came after acquiring all the necessary licensing as a stablecoin issuer in the country.The move will see Tether relocate incorporated subsidiaries to El Salvador and create its first brick-and-mortar headquarters, a company spokespers…

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diariolahuella.com broke the news in on Monday, January 13, 2025.
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