Tether Advisor: El Salvador’s Bitcoin Visa Plan Is a New Blueprint for Many Countries to Follow
Tether advisor Gabor Gurbacs posted on X platform stating: In my opinion, people have overestimated the initial impact of the US spot Bitcoin ETF, and I think it may create hundreds of millions of dollars in capital flows (most of which are recycled). At the same time, people underestimate the news impact of El Salvador, where a national country creates a Bitcoin visa program, which is a new blueprint for many countries to follow. El Salvador's free visa, Lugano municipal tax payment, bond issuance coupon payment, etc. can all be paid with USDT. This is the correct example of institutional adoption of stablecoins, and Tether is leading the way, not just in terms of market share.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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