Georgian government taps Tether to launch national currency stablecoin GEL₮
The Georgian government has partnered with Tether to launch GEL₮, a stablecoin linked to the Georgian Lari. This initiative positions Georgia among the first countries to implement a national currency on blockchain technology. The project aims to enhance financial transactions and support fintech innovation in the region.
- ▪Tether plans to introduce GEL₮ in collaboration with the Government of Georgia.
- ▪The stablecoin will enable cheaper transactions and faster settlements.
- ▪The initiative is expected to support fintech innovation and broader access to digital financial services.
Opening excerpt (first ~120 words) tap to expand
Georgian government taps Tether to launch national currency stablecoin GEL₮ The deal makes Georgia one of the first countries to put its national currency on blockchain rails through a collaboration with a private stablecoin operator. Share Add us on Google by Vivian Nguyen May. 25, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Tether said Monday it plans to introduce GEL₮, a stablecoin tied to the Georgian Lari, in collaboration…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.