Tether is ready to move to El Salvador
Tether has announced that it’s ready to move to El Salvador after receiving its Digital Asset Service Provider (DASP) license.
Tether has announced that it’s ready to move to El Salvador after receiving its Digital Asset Service Provider (DASP) license.
The billionaire-backed Ripple USD (RLUSD) has failed to capture even 0.05% of the stablecoin sector’s market capitalization.
Tether has increasingly had to find political allies to continue growing and Howard Lutnick of Cantor Fitzgerald has been happy to oblige.
Dollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior.
In a move likely linked to its cooperation with the FBI, Tether blacklisted an address after Heartland Bank’s CEO stole millions of dollars.