Tether’s Georgia stablecoin plan moves early on national payment rails

Tether and the Government of Georgia plan to launch a stablecoin, pushing a national currency directly onto private stablecoin rails before most governments have settled on how that model should work. The Tether Georgia stablecoin plan centers on GEL₮, a stablecoin representing the Georgian lari. The May 25 announcement describes GEL₮ as the official stablecoin The post Tether’s Georgia stablecoin plan moves early on national payment rails appeared first on CryptoSlate.