Tether Plans Georgian Lari Stablecoin in Sovereign Currency Partnership
Tether and Georgia’s authorities will launch GEL₮, a stablecoin pegged to the Georgian Lari, in one of many first instances of inserting sovereign fiat onto blockchain rails. The launch sits inside Georgia’s new stablecoin regime, which the nation constructed to align with the US GENIUS Act. This positions Georgia as one of many earliest jurisdictions…
