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Stablecoin giant Tether to issue official stablecoin with Georgian government support

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Tether, the world's largest stablecoin issuer, announced on the 25th that it plans to issue a stablecoin representing the Georgian currency with the support of the Georgian government, marking one of the first cases of integrating national currency into a digital asset platform.

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Frequently Asked Questions

Q: What is the Tether-Georgia partnership?
A: Tether is partnering with the Georgian government to issue a stablecoin called GELT, representing the Georgian Lari.