Tether Shifts Headquarters to El Salvador After Securing Operating License

Tether, a major stablecoin issuer, has announced plans to relocate its operations and subsidiaries to El Salvador, following its approval as a licensed Digital Asset Service Provider (DASP).

This move underscores the company’s alignment with the country’s progressive crypto policies.

In its January 13 statement, Tether cited El Salvador’s innovative regulatory approach and its growing Bitcoin-friendly community as key reasons for the relocation.

CEO Paolo Ardoino highlighted the strategic importance of the move, describing it as an opportunity to focus on emerging markets and collaborate globally while supporting financial freedom and resilience through decentralized technology.

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The decision also follows reports that both Ardoino and COO Claudia Lagorio became naturalized citizens of El Salvador in 2024, further solidifying the company’s commitment to the region.

With this relocation, Tether strengthens its position in a country that has embraced Bitcoin as a cornerstone of its financial ecosystem.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.