17:26 - 14.01.2025

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January 14, Fineko/abc.az. Tether, the issuer of stablecoin USDT worth $137 billion, has announced the relocation of its headquarters to bitcoin-friendly El Salvador after regulatory approval.

ABC.AZ reports that CEO Paolo Arduino stated that this decision is a natural step forward for Tether.

El Salvador's cryptocurrency-friendly policies, including the adoption of Bitcoin (BTC) as legal tender in 2021, have turned the country into a growing hub for digital asset companies.