Tether is partnering with the Georgian government to launch GELT, a stablecoin backed by the Georgian lari and developed under a new regulatory framework. This initiative aims to integrate Georgia's national currency directly into blockchain-based financial infrastructure, supporting faster, cheaper transactions and programmable payments. The project aligns with international stablecoin standards and U.S. regulatory proposals, positioning Georgia as a regional hub for digital finance innovation. The launch marks Tether's expansion beyond its USDT stablecoin into sovereign currency systems, reflecting growing global interest in blockchain-based monetary infrastructure.
Georgia and Tether launched GEL₮, a stablecoin pegged to the Georgian lari, aiming to speed up cross-border payments and reduce costs using blockchain technology. This partnership marks a shift from traditional state-run digital currencies to private...
Tether has partnered with the Government of Georgia to launch GELT, a stablecoin pegged 1:1 to the Georgian Lari. This is the first stablecoin issued with direct government partnership and a custom regulatory framework, including full reserve backing...
Tether and the Georgian government are launching GELT, a stablecoin pegged to the Georgian Lari, marking a pioneering effort to integrate sovereign fiat currency with blockchain technology. This initiative aims to modernize Georgia's financial infras...
Tether and the Government of Georgia announced the launch of GEL₮, a stablecoin pegged to the Georgian lari designed to enable lower transaction costs, near-instant settlement, programmable payments, and cross-border digital transfers. This initiativ...
The Georgian government has teamed up with Tether to launch GEL₮, a stablecoin pegged to the Georgian Lari, marking one of the first national currencies issued directly on blockchain. This initiative aims to enable faster, cheaper transactions and en...
