Myanmar shadow government approves use of stablecoin Tether

Myanmar shadow government approves use of stablecoin Tether

Sule Pagoda Road, Yangon, Myanmar. Photo: Arkar Phyo/Unsplash

Myanmar‘s shadow government said it would allow the use of the world’s largest stablecoin, Tether, as an official currency, potentially making it easier for it to raise funds and make payments.