**[Tether Partners with Georgian Government to Launch Official Stablecoin GEL₮]** BlockBeats News, May 25 – According to official reports, Tether, with the support of the Georgian government, plans to launch a stablecoin GEL₮ representing the Georgian Lari. This marks one of the first collaborative efforts to place a national currency directly onto the digital asset track under a specifically designed stablecoin regulatory framework. GEL₮ is intended to serve as a digital representation of the Georgian Lari, enabling lower transaction costs, near-instant settlements, programmable payments, and more efficient value transfers within the digital financial system. The initiative is expected to support the development of fintech, digital payments, and broader access to programmable financial infrastructure in Georgia and the wider region. Georgian Prime Minister Irakli Kobakhidze stated: "By partnering with visionary organizations like Tether, Georgia is laying the foundation for a more interconnected, transparent, and digitally empowered financial world." Tether CEO Paolo Ardoino noted: "Stablecoins are no longer a niche financial tool; they are becoming part of the global financial infrastructure layer. Georgia has taken the lead in establishing a serious regulatory framework for digital assets and stablecoins, providing the clarity needed for true innovation and adoption." [Original Link]