With Central Bank’s Blessing, Georgia Taps Tether for 'Official' Stablecoin
Tether plans to issue a stablecoin in Georgia with support from the country’s government, marking a new frontier for the crypto giant.
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Tether and Georgia will launch GEL₮, a stablecoin pegged to the lari. The project aims to bring Georgia’s currency onto regulated digital rails. GEL₮ should enable faster, cheaper, and programmable payments. The Republic of Georgia is taking a giant step into the sovereign digital asset economy. The government has entered a historic partnership with the […] The post Tether and Georgia Launch GEL₮, the Nation’s Official Stablecoin appeared first on Live Bitcoin News.
Read full articleTether plans to issue a stablecoin in Georgia with support from the country’s government, marking a new frontier for the crypto giant.
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Tether and Georgia plan GEL₮, a lari-backed stablecoin built for faster payments, lower costs, and regulated digital value transfers.