Tether to Relocate Business to El Salvador Following Acquisition of DASP License

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Tether to Relocate Business to El Salvador Following Acquisition of DASP License
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The largest stablecoin issuer has announced that it is relocating its business to the Bitcoin-friendly El Salvador after acquiring a Digital Asset Service Provider license in the country., Tether and its subsidiaries will be located in El Salvador after the company completes all formalities for the move. The stablecoin issuer will also establish its headquarters in the Central American country.

While Tether supports El Salvador’s vision for financial freedom, one highlight of its latest decision is the ability to expand its focus on emerging markets. The company says it will be strategically positioned to help shape the future of financial systems, not just in El Salvador but in the global landscape.

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