Tether plans GELT stablecoin launch with support from Georgian government

60-second summary

Tether plans to launch the GELT stablecoin in partnership with the Georgian government, supporting cross-border commerce under a framework aligned with emerging U.S. stablecoin regulations. The GELT stablecoin is designed to facilitate international transactions, leveraging Georgian legislation that meets U.S. regulatory standards. This collaboration aims to boost Georgia's financial sector and global trade.