Tether, the issuer of the world’s largest stablecoin USDT, is finalizing its relocation to El Salvador after acquiring a Digital Asset Service Provider (DASP) license. Tether highlighted El Salvador’s progressive policies, favorable regulatory environment, and Bitcoin-savvy community as key factors for the move. Tether’s CEO, Paolo Ardoino, emphasized the alignment with El Salvador’s vision for financial freedom and innovation, focusing on financial inclusion in emerging markets. Source: The Block
5