The NUG is an alliance of leaders from the ousted civilian government and pro-democracy groups. While they don’t control territory or hold positions of power in Myanmar, the group has declared war against the junta in September that has led to an escalation of battles between the military regime and local resistance groups.
A parallel government led by the supporters of Myanmar’s ousted leader Aung San Suu Kyi recognised Tether as an official currency for local use after the group began fundraising for a campaign that seeks to topple the military regime.
The National Unity Government officially accepts Tether, a cryptocurrency meant to be a dollar proxy, for “domestic use to make it easy and speed up the current trade, services and payment systems,” NUG Finance Minister Tin Tun Naing said Sunday in a Facebook post. No other details were given.
