, the issuer of the eponymous stablecoin, has praised the decision of Myanmar’s parallel government, The National Unity Government (NGU), to use USDTAs 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 reports on Monday, NUG announced Tether’s USDT as an official currency for local use in an official Facebook (NASDAQ:) post. USDT, according to the minister of finance, would facilitate much-needed transactions and trade.