Tether Plans Georgian Lari Stablecoin in Sovereign Currency Partnership

Tether and Georgia’s government will launch GEL₮, a stablecoin pegged to the Georgian Lari, in one of the first cases of placing sovereign fiat onto blockchain rails. The launch sits inside Georgia’s new stablecoin regime, which the country built to align with the US GENIUS Act. This positions Georgia as one of the earliest jurisdictions