Dossier
National Bank of Georgia
Coverage of National Bank of Georgia in the Nexus archive.
- Tether, Georgia plan lari-backed stablecoin GELT under new rules
Georgia’s central bank has established new stablecoin regulations, including reserve backing requirements, issuer documentation, and external auditor verification. The rules are part of a collaboration with Tether to launch GELT, a stablecoin backed by Georgia’s national currency, the lari.