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- 💥 Gate Square Event: #PostToWinPIGGY 💥
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📅 Event Period: Oct 30, 2025, 10:00 – Nov 6, 2025, 16:00 (UTC)
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Launchpool 👉 https://www.gate.com/announcements/article/47886
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Accepting Bitcoin boosts tourism: El Salvador up 30%, Tether CEO reveals
Tether CEO, Paolo Ardoino, emphasized the significant influence that countries can achieve by adopting Bitcoin. He cited El Salvador as a prime example, stating that the country's support for Bitcoin has directly contributed to a 30% increase in tourist numbers. Ardoino believes that governments recognizing and adopting cryptocurrency can drive economic growth, attract international visitors, and create new opportunities for local businesses.
By integrating Bitcoin into the financial system and encouraging its use, nations can enhance transparency, simplify transactions, and assert their position as innovative leaders in the global economy. Ardoino encourages other countries to consider a similar approach, showing that the positive effects seen in El Salvador could serve as a model for broader economic development worldwide.