Tether Launches GELT
Tether has announced the launch of GELT, a new stablecoin pegged to the Georgian lari and backed by cooperation with the Georgian government. The project aims to simplify cross-border payments, digital transactions, and fintech development within the country.
Analysts believe the launch could become an important milestone for the stablecoin sector as governments increasingly cooperate with crypto firms directly. The initiative also highlights growing global interest in blockchain-based national payment systems. With xbit.money, users can exchange cryptocurrencies quickly and monitor major crypto market trends in real time.