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Tether to Launch Georgian Lari Stablecoin With Government Support

Published by
Nidhi Kolhapur

Tether announced plans to launch GEL₮, a stablecoin tied to Georgia’s national currency, in partnership with the Georgian government. The project aims to bring faster payments, cheaper transfers, and programmable financial services to the region using blockchain infrastructure. Georgia has also introduced a regulatory framework designed to align with emerging U.S. stablecoin rules, including the GENIUS Act. The move matters because it signals growing government support for stablecoins as part of mainstream financial systems and cross-border payment networks.

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Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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