El Salvador Gains Tether Momentum, Rumble Strikes Cloud Deal
Tether is moving its headquarters to El Salvador after securing a Digital Assets Service Provider (DASP) license, citing the country’s crypto-friendly regulations as a key factor.
This shift allows Tether to focus on supporting developing nations with limited access to dollars. Meanwhile, El Salvador has partnered with Rumble to provide cloud services, marking a major step in data independence from Big Tech. Lastly, Nubank has expanded its USDC-based rewards program to all Latin American customers, offering 4% APY as part of its growing crypto wallet features.
Clever Robot News Desk 20th January 2025
