Georgia Is Launching Its Own Stablecoin With Tether
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Curious how much demand there will actually be for GELT.
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Tether keeps expanding into new markets.
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Stablecoins are slowly becoming payment infrastructure.
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Cross-border payments are probably the strongest use case here.
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The key will be transparency around reserves and redemptions.
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Local currency stablecoins are the real bridge for institutional adoption, especially in emerging markets with clear regulation.
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Tether and the government of Georgia launching a Lari-backed stablecoin proves that even national fiat currencies are eager to get tokenized on-chain.
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