Georgia backs new lari stablecoin.

Tether, Georgia plan lari-backed stablecoin GELT under new rules

Tether is launching a lari-backed stablecoin called GELT, following new rules set by Georgia's central bank. This move is significant for traders as it provides a new investment opportunity. The stablecoin will be backed by reserves and verified by external auditors.

#Crypto #Stablecoin #Georgia #Regulation