Crypto company Tether, known for its stablecoin USDT, has announced plans to construct a 70-story headquarters skyscraper in El Salvador. CEO Paolo Ardoino stated that the building, called Tether Tower, will serve as a symbol of the country's prosperity and growth in the crypto industry. In addition to Tether, other tech and crypto companies will also occupy the building. Ardoino emphasized the company's commitment to investing in El Salvador and hiring locally. The move of Tether's headquarters to El Salvador is driven by the country's favorable regulatory framework and understanding of digital assets. Ardoino views El Salvador and Latin America as key players in the future of cryptocurrency.



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