Tether Group to Relocate Global Headquarters to Bitcoin-Friendly El Salvador

Tether, the world’s largest stablecoin issuer, has announced plans to move its entire operations to El Salvador after securing the necessary regulatory licenses. This marks a significant milestone for the company, which will establish its global headquarters in the Central American country known for being the first to adopt Bitcoin (BTC) as legal tender.

The decision to relocate comes after Tether obtained a Digital Asset Service Provider license in El Salvador through Bitfinex Derivatives, its Seychelles-based affiliate. Tether CEO Paolo Ardoino highlighted that this move represents a “natural progression” for the company, with a renewed focus on emerging markets and a broader crypto investor base.

“We are aligning ourselves with a country that shares our vision in terms of financial freedom, innovation, and resilience,” Ardoino said in a statement. “By rooting ourselves here, we are reinforcing our commitment to empowering people worldwide through decentralized technologies.”

Currently headquartered in Hong Kong and registered in the British Virgin Islands, Tether’s move to El Salvador marks the first time the stablecoin giant will have a formally designated global headquarters.

With a market capitalization of $137 billion, Tether’s USDT is the dominant stablecoin in the crypto market, briefly hitting a peak of $140 billion last December. The company also hinted at expanding into artificial intelligence in 2025, signaling potential new ventures in the rapidly evolving tech space.

El Salvador, already a pioneer in crypto adoption, continues to cement its role as a global leader in digital asset innovation.

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