AdoptionIssuance
Tether and Georgia Launch GELT, a Georgian Lari Stablecoin - CoinMarketCap
Tether collaborates with Georgian authorities/entities to launch GELT, a stablecoin pegged to the Georgian Lari.
So what
The issuance of a sovereign-pegged fiat stablecoin by Tether expands on-chain FX rails and emerging market local currency tokenization. This increases Tether's footprint in regional sovereign digital currency adoption, potentially serving as a structural bridge for local capital markets and cross-border settlement.