💨 Abstract

Tether, the world's largest stablecoin firm, plans to move its headquarters to El Salvador, capitalizing on the country's efforts to become a crypto trading hub. Tether recently received a digital asset service provider license there. The company, previously based in the British Virgin Islands, will have a physical headquarters in El Salvador, but most of its over 100 staff will continue to work remotely.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖