Tether partners with Georgia to launch GELT, a stablecoin pegged to the Georgian Lari with full government backing and National Bank oversight.

Tether has announced plans to launch GEL₮, a stablecoin representing the Georgian Lari, with backing from the Government of Georgia.

May 25 : Tether, the world's biggest stablecoin issuer, plans to launch a crypto token representing the Georgian lari with the support of Georgia's government, the company said on…