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Tether and the Georgian government will collaborate to launch the stablecoin GEL₮

MeNews
ME News Report, May 25 (UTC+8), Tether and the Georgian government will collaborate to launch the stablecoin GEL₮. GEL₮ aims to serve as a digital representation of the Georgian Lari, reducing transaction costs, enabling near-instant settlement, supporting programmable payments, and enhancing the liquidity efficiency of value within the digital financial system. (Source: Foresight News)
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GasFeeGambit
· 3h ago
A small country tests the waters first; this move by Tether is quite clever.
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NeonHalf-MeltedIceCream
· 21h ago
Programmable payments are the key, will salary payments automatically deduct taxes in the future?
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BlueChipSkeptic
· 23h ago
Improve liquidity efficiency, in plain language, it means money moves faster
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VineGeometry
· 23h ago
Stablecoins have expanded into the sovereign currency level. Who's next?
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WhirlpoolInATeacup
· 23h ago
May 25th, mark this day, it could be a turning point
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GlassBottleFeather
· 23h ago
A small country's experimental field, once successful, becomes a model; even if it fails, the cost is minimal.
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GateUser-e62ee1b0
· 23h ago
Support for programmable payments, opening up smart contract application scenarios
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PatinaTradingBell
· 23h ago
Is the ME News source reliable? Waiting for official confirmation.
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OwlChainViewer
· 23h ago
Digital Larry, does this count as a government-backed variant of USDT?
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FragilePosition
· 23h ago
Tether collaborates with the government, maximizing compliance
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