CryptocurrenciesMyanmar's pro-democracy forces resist with cryptocurrency
Tether emerges as potential savior for people seeking freedom over their assets
The NUG is letting citizens use Tether because its greater use could weaken the power of the military. (Source photo by Reuters and Tether website)
Nikkei staff writers
January 16, 2022 12:00 JST
BANGKOK/YANGON -- Myanmar's National Unity Government, a pro-democracy group, recently announced that it officially endorses domestic distribution of the cryptocurrency Tether in a move to resist Myanmar's military, which seized control of the country last February, using fintech.