SilkBank, Georgia's first crypto-enabled bank, has introduced direct USDT (Tether) buying and transferring within its Silk mobile app, starting September 21, 2026. The service offers zero commission on all USDT transactions for a limited time, aiming to simplify stablecoin use for cross-border payments and dollar liquidity. This move integrates crypto with traditional banking services, reflecting Georgia's growing digital asset adoption, especially with plans for a government-backed local stablecoin GEL₮. While initial user uptake is modest, the feature could boost stablecoin utility beyond speculation.
SilkBank Georgia's new USDT purchase and transfer feature launches amid a mixed cryptocurrency market. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 23, 2026 21:02 WIB: out of 50 major cryptocurrencies, 27 rose and 22 fell today. Notable gainers include EOS with a price of Rp12.649 and a 1-day change of +8.13%, Bitcoin Cash (BCH) at Rp6.267.045 with +8.09%, and Basic Attention Token (BAT) at Rp1.652 with +7.45%.
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