Loading...
Market
How will Tether's relocation affect USDT's market cap by end of 2025?
2
Tether•USDT•British Virgin Islands•El Salvador•Central American•Digital Asset Service Provider•DASP•Bitcoin•Paolo Ardoino
Resolution / Starting Odds
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease • 25%
No significant change • 25%
Market analysis reports or Tether's official financial statements
Story
Tether Moves $137 Billion USDT Headquarters from British Virgin Islands to El Salvador
Jan 13, 2025, 03:45 PM
Tether, the issuer of the stablecoin USDT with a $137 billion market cap, has announced plans to relocate its headquarters and subsidiaries from the British Virgin Islands to El Salvador, a Central American nation. This decision follows the acquisition of a Digital Asset Service Provider (DASP) license in the country. The move aligns with El Salvador's efforts to become a hub for digital assets and technology innovation, having made Bitcoin legal tender in 2021. Tether's CEO, Paolo Ardoino, stated that the relocation to El Salvador is a natural progression for the company, aiming to foster collaboration and strengthen its focus on emerging markets. El Salvador's favorable regulatory environment and its growing Bitcoin-savvy community, along with its commitment to financial freedom, were cited as key factors in the decision.
View original story
Similar markets
Increase • 25%
Moderate decrease • 25%
Significant decrease • 25%
No change • 25%
No significant impact • 25%
Negative impact on USDT price • 25%
Positive impact on USDT price • 25%
Volatility increase • 25%
Market Demand • 25%
Regulatory Compliance • 25%
Other • 25%
Strategic Partnership • 25%
More than $10 billion • 25%
$9 billion to $10 billion • 25%
$8 billion to $9 billion • 25%
Less than $8 billion • 25%
Decrease • 25%
Moderate increase • 25%
Significant increase • 25%
No change • 25%
No • 50%
Yes • 50%