Company Tether , which released stablecoin USDT with a market cap of around $140 billion is preparing to build a skyscraper in El Salvador Tether Tower, where the organization's headquarters will be located.
The company's CEO Paolo Ardoino said the 70-story building will be a testament to President Bukele's commitment to the crypto industry.
The tower will become a symbol of the country's prosperity and growth, Ardoino said, emphasizing that Tether does not intend to place its logo on the building.
But Tether The building will house other companies, including its partner Rumble. The project recently struck a deal with the local government to provide cloud computing services.
We need stability and an adequate regulatory framework, and El Salvador is one of the few countries that has really understood the potential of digital assets,” Ardoino added, explaining the move of headquarters to El Salvador.
This is the country of the future. I believe that El Salvador and Latin America will be one of the main regions in the future world. Europe is in decline.
