, 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 Report on December 13, NUG announced Tether’s USDT as official currency for local use in an official Facebook (NASDAQ:) post. USDT, according to the minister of finance, would facilitate transactions and trade.