After raising funds for a campaign to destabilize Myanmar’s military regime, a parallel government headed by supporters of ousted leader Aung San Suu Kyi recognized Tether as an official currency for local usage.

The National Unity Government now accepts Tether, a cryptocurrency designed to act as a dollar substitute, for “domestic usage to make it easier and faster to utilize the present trade, services, and payment systems,” NUG Finance Minister Tin Tun Naing said in a Facebook post on Sunday. 

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NUG’s cryptocurrency adoption demonstrates its defiance of Myanmar’s Central Bank, which declared all digital currencies illegal in May last year and threatened offenders with jail and penalties. Unlike Bitcoin and Ethereum, which have daily price swings, Tether is designed to be backed by one dollar and is hence dubbed as a stablecoin.

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The switch to cryptocurrency comes only weeks after NUG raised $9.5 million in the first 24 hours through the selling of “Spring Revolution Special Treasury Bonds” to the Myanmar diaspora around the world in order to assist in the destabilisation of the present administration led by the coup leader Min Aung Hlaing. The bond appears to be designed in the style of a direct lending instrument.

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Owing to strong demand, purchases of the binds were halted for a week until December 6, and there has been little information on how much has been raised thus far. The NUG also intends to employ representatives in other countries to assist with sales.

The NUG said last week that these so-called bonds will be sold within Myanmar shortly, capitalizing on mounting opposition to the regime at the same time that a local court convicted Suu Kyi for inciting dissent against the military. She was sentenced to four years in prison, however, that was reduced to two years in the present secret location where she is being imprisoned.

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The NUG intends to raise $1 billion through the sale of the bonds, which the junta claims violate counterterrorism laws.

The group appears to be focused on cryptocurrencies like Tether, which can be exchanged in peer-to-peer marketplaces that provide consumers with greater anonymity. However, for years, the stablecoin has been the subject of conjecture that it was not, in fact, backed one-to-one by dollars as claimed.