Tether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen its focus on emerging markets.

Tether Moves to El Salvador to Focus on Emerging Markets
Tether, one of the largest companies in the crypto industry, has revealed it is in the final stages of moving its operations to El Salvador. The decision was taken as the company recently received a Digital Assets Service Provider (DASP) license as a stablecoin issuer, allowing it to conduct its operations in the Latam nation.
Tether stressed that the forward-thinking and crypto-friendly traits of the country’s regulation were key factors behind this action. “The move enhances Tether’s flexibility to explore groundbreaking solutions in a supportive regulatory and business environment,” it stated in a press release.
In addition, this move will allow Tether to concentrate on one of its strongest market targets: developing nations that face problems in reaching dollars through legacy institutions.
Paolo Ardoino, CEO of Tether, highlighted the relevance of this change, stressing that it will allow the company to grow in a new environment.
He declared:
This decision is a natural progression for Tether as it allows us to build a new home, foster collaboration, and strengthen our focus on emerging markets.
Ardoino also praised the development of the nation as a cryptocurrency hub, declaring it represented “a beacon of innovation in the digital assets space.”
El Salvador also benefits from this decision, welcoming an institution that registered billions in revenue during 2024 and is one of the largest private holders of U.S. debt.
The announcement comes on the heels of another milestone for the country, as it announced closing a service deal with Rumble, a video and cloud computing company, to provide cloud services for its government operations. Tether invested $775 million in Rumble in December.
Read more: Video-Sharing Firm Rumble Secures $775 Million Investment From Tether to Drive Growth
As a result, Rumble will open offices in El Salvador and will develop operations in the country with local employees, helping to expand the national economy.

#TetherUpdate #TetherTreasury

Binance, Crypto.com, Kraken y otros exchanges de criptomonedas continúan incluyendo USDT de Tether en sus plataformas de la UE semanas antes de la fecha límite final de MiCA el 30 de diciembre.

Exchanges de criptomonedas en Europa siguen apoyando la stablecoin USDt de Tether, incluso después de que Coinbase anunciara su retirada de la lista para los clientes europeos para cumplir con los próximos requisitos regulatorios.

Los principales exchanges, incluidos Binance, Crypto.com y Kraken, han mantenido el soporte
tras el deslistado de Coinbase de la stablecoin el 13 de diciembre.

Otras plataformas como KuCoin, Mexc y Bitget también ofrecen las stablecoins a los usuarios europeos a pesar de la inminente plena aplicación del Reglamento sobre Mercados de Criptoactivos (MiCA) el 30 de diciembre.

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El exchange Coinbase, con sede en Estados Unidos, dijo que suspendió la cotización de USDT para cumplir con MiCA.

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¿Algun otro exchange ha retirado USDT de la lista en la UE?
Aunque Coinbase considera que USDT es una stablecoin restringida por MiCA al menos desde octubre, las autoridades europeas no se han pronunciado claramente sobre si debe considerarse que incumple la legislación local.

Otros exchanges que operan en Europa no se han pronunciado sobre la cuestión de la exclusión de USDT de la lista, y sólo unas pocas parecen haberlo hecho.

OKX dijo a Cointelegraph que retiró USDT de la lista en marzo de 2024, citando un cambio de enfoque hacia pares de negociación basados en euros.

Sin embargo, a partir del 17 de diciembre, OKX y Bitpanda todavía cuentan con USDT en sus plataformas, Cointelegraph ha aprendido.

Bitpanda se negó a comentar si el exchange ha retirado de la lista o tiene previsto retirar USDT en un futuro próximo.

Faltan pocas semanas para la fecha límite de MiCA
La regulación de stablecoin forma parte de la fase uno del régimen de stablecoin de MiCA, que se aplica desde junio, pero se espera que el marco de stablecoins entre plenamente en vigor a partir del 30 de diciembre.

A medida que se acerca la fecha límite, los exchanges de criptomonedas de Europa aún tienen tiempo para decidir si excluyen o no de la lista a USDT en las próximas semanas.

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#TetherTreasury

Tether is facing a make-or-break moment in the EU as MiCA regulations loom closer. If they don’t sort out their licensing issues, customers and exchanges might be forced to look elsewhere.

🛑 The Problem: Licensing Woes

Tether is struggling to align with MiCA compliance, and time is running out.

🌟 The Alternative: Ripple’s RLUSD

RLUSD is already being tested.

Fully MiCA-compliant and could become the go-to stablecoin in Europe.

It’s a strong alternative for those who want to operate within the EU’s regulatory framework.

🧠 Tether’s Move: Innovation & Investment

CEO Paolo Ardoino is pushing to combine AI and blockchain for real-world use cases.

Tether has also invested in StablR, a provider with an E MI license.

StablR’s MiCA-compliant stablecoins, EURR and USDR, might help Tether stay relevant in Europe by boosting liquidity and transaction speeds.

🔥 The Big Question

Can Tether rise to the challenge and meet MiCA regulations, or will Ripple’s RLUSD steal the spotlight?

2024 is shaping up to be a critical year for the stablecoin market in Europe.
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#TetherTreasury #Tether #CryptoNewss #Crypto2025Trends