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Tether lauds Myanmar shadow government for making USDT an official currency
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Tether, the issuer of the eponymous stablecoin, has praised the decision of Myanmar’s parallel government, The National Unity Government (NGU), to use USDT as an official currency.
Myanmar’s NUG is a shadow government run by the supporters of Nobel Peace Prize winner Aung San Suu Kyi. As Cointelegraph reported on December 13, NUG announced Tether’s USDT as official currency for local use in an official Facebook post. The finance minister claimed that USDT would offer much needed trade and transaction efficiency.
In an official blog post, Tether commended the decision taken by the NUG, a government that is recognized by the European Union and has received commendations from the United States:
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