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SilkBank adds USDT crypto trading to its app, first in Georgia with regulated mobile crypto services

Market News
23 Sep 2026, 17:21 WIB
Tokenpost
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Bullish
SilkBank adds USDT crypto trading to its app, first in Georgia with regulated mobile crypto services

SilkBank in Georgia has integrated Tether’s USDT purchases and transfers into its Silk mobile banking app, allowing customers to trade cryptocurrencies like Bitcoin, Ether, and Solana alongside traditional fiat accounts. This makes SilkBank the first Georgian bank to offer native crypto trading through a regulated mobile app, supporting multiple coins with a current 0% commission promotion. The move aligns with Georgia’s broader push for stablecoin infrastructure, including plans with Tether to launch a Georgian lari-backed stablecoin, GEL₮. SilkBank aims to expand digital asset services for local and international customers, reflecting growing demand for modern mobile banking solutions.

Tether's USDT is priced at Rp17.799 on Pluang, with a market cap of Rp3.265,33 trillion and a 1-day change of -0.48% as of September 23, 2026, 21:33 WIB. SilkBank's integration of USDT purchases and transfers into its mobile banking app taps into the active trading environment, where 66% of Pluang users are selling and 34% buying USDT, with a typical hold time of 88 days. This move highlights growing interest in stablecoins and crypto assets in emerging markets like Georgia.

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