El Salvador Rejects Stablecoin Pivot as Bitcoin Reserve Hits 7,790 BTC
Bitcoin
El Salvador's National Bitcoin Office denied that the government is pivoting toward stablecoins, saying it has no plans to launch or operate any Bitcoin, crypto or stablecoin wallet. The clarification follows the sale of Chivo Wallet to a private operator and controversy around Sivar, a stablecoin-based remittance application operating on Base.
BTC
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