🇬🇪 JUST IN: Tether And The Georgian Government Plan To Launch

“GEL₮”, A Georgian Lari Stablecoin Under The Country’s New Digital Asset Framework.

The stablecoin will reportedly be pegged to Georgia’s national currency (GEL) and developed in partnership with Tether.

Key Details:
🔸 Government-backed regulatory support
🔸 Focus on faster payments and cross-border settlements
🔸 Built under Georgia’s new crypto framework
🔸 Not a CBDC, this would be a private stablecoin operating with state cooperation

Georgia continues positioning itself as one of the most crypto-friendly countries for stablecoin innovation.
Launch date and blockchain details have not yet been announced.