⏰ :Tether Relocates to El Salvador
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Tether, the issuer of the world's largest stablecoin, is moving its headquarters to El Salvador. This strategic relocation follows Tether obtaining a digital asset service provider license in the country, aligning with El Salvador's ambitions to become a crypto trading hub.
Implications for Traders:
Regulatory Environment: El Salvador's crypto-friendly policies may influence Tether's operations and stability.
Market Dynamics: Tether's move could impact USDT's liquidity and availability across platforms.
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