This project marks a milestone in the evolution of stablecoins by bringing a local sovereign currency onto digital rails, going beyond the dominant dollar-denominated projects. Stablecoins take a historic leap with GEL₮, the official token of Georgia. The European government has established an agreement with Tether, the issuer of USDT, to create a digital currency for the Georgian lari. This represents one of the first instances of direct tokenization of a sovereign fiat currency. The Georgian regulatory framework aligns with emerging standards like the U.S. GENIUS Act. Tether and the Government of Georgia announced plans today, May 25, to launch GEL₮, a stablecoin that will digitally represent the Georgian lari (GEL). This is one of the first joint efforts between a private stablecoin issuer and a sovereign government to directly integrate a national fiat currency into decentralized network infrastructures under a specific regulatory framework. This project marks a milestone in the evolution of stablecoins by bringing a local sovereign currency onto digital rails, going beyond the dominant dollar-denominated projects #StablecoinRevolution