With Central Bank’s Blessing, Georgia Taps Tether for ‘Official’ Stablecoin – Decrypt
In brief Tether is working alongside the Government and Central Bank of Georgia to launch GELT, an official stablecoin pegged to the Georgian Lari. The initiative advances Georgia’s ambition to become a premier crypto hub, utilizing a purpose-built regulatory framework that dovetails with U.S. rules. Designed to lower transaction fees and accelerate cross-border trade, the...
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