Tether Launches Stablecoin Pegged to Georgian Lari in Partnership with Government
Tether is set to launch GEL₮, a stablecoin pegged to the Georgian Lari (GEL), as part of Georgia's new regulatory framework aligned with U.S. digital asset rules under the GENIUS Act. The initiative aims to enhance cross-border trade and financial innovation by leveraging blockchain technology for faster transactions and lower fees.
Topics: blockchain digital payments regulation sovereign currency