Tether and Georgia Team Up to Launch GEL₮, a Georgian Lari Stablecoin!

Tether is partnering with the Georgian government to launch GEL₮, a stablecoin pegged to the Georgian Lari, under the country's newly established digital asset regulatory framework. The move marks one of the first sovereign-adjacent stablecoin projects to carry Tether's infrastructure into a national currency context.

For Georgia, the collaboration signals a deliberate push to position itself as a digital asset-friendly jurisdiction in the post-Soviet region — a space where regulatory clarity is still rare. For Tether, GEL₮ extends its playbook beyond dollar-pegged USDT into local-currency instruments, a model that could be replicated across emerging markets with similar reform ambitions.