💲 Tether + The Government of Georgia Launch a National Stablecoin
GELT — the new stablecoin pegged to the Georgian Lari at a 1:1 ratio.
The main goal of the project is to develop digital payments within the country and simplify cross-border trading in the region.
Additionally, Georgia has announced the compatibility of its regulatory framework with the U.S. GENIUS Act, which could significantly ease further integration into the global financial system.
No BS:
This is an interesting move from Georgia — the country is actively trying to become a crypto-friendly jurisdiction in the region. GELT could become one of the first legitimate national stablecoins backed by the government.
What do you think, are such national stablecoins the future or just another experiment?
Share your thoughts 👇
#BTCUSD #solusdt
$SOL $BTC
GELT — the new stablecoin pegged to the Georgian Lari at a 1:1 ratio.
The main goal of the project is to develop digital payments within the country and simplify cross-border trading in the region.
Additionally, Georgia has announced the compatibility of its regulatory framework with the U.S. GENIUS Act, which could significantly ease further integration into the global financial system.
No BS:
This is an interesting move from Georgia — the country is actively trying to become a crypto-friendly jurisdiction in the region. GELT could become one of the first legitimate national stablecoins backed by the government.
What do you think, are such national stablecoins the future or just another experiment?
Share your thoughts 👇
#BTCUSD #solusdt
$SOL $BTC