Trump’s Vision for Crypto: Tether Moves to El Salvador – BitRss

The Biden administration’s negative stance towards cryptocurrencies has hindered the country’s potential in this sector. In contrast, Trump has claimed he would make the nation a crypto capital, although specific actions remain unclear. We may witness a delay in the anticipated rise supported by Trump until early February when his administration’s candidates are approved.

Breaking News on Tether

Tether (USDT ($1.00)), the largest stablecoin by market capitalization, holds a significant position in the crypto market, ranking fourth among all cryptocurrencies by market value. Recently, Tether announced its decision to relocate its headquarters to El Salvador. This surprising news comes at a time when the IMF is pressuring El Salvador to reduce its Bitcoin $91,855<…>