Tether, the company that operates the blockchain-enabled platform tether.to that powers the leading stablecoin, announced today that it has signed a Memorandum of Understanding (MOU) with the Georgian Government.
Stablecoin Tether Signs Cooperation Agreement With Georgia
This strategic collaboration aims to position Georgia as a central hub for peer-to-peer and blockchain technology, sparking a revolution of innovation and economic growth.
It also highlights Tether's commitment to advancing its global strategy of building resilient cities and nations around the world.
“Through close collaboration with the Government of Georgia, Tether aims to create a thriving environment for peer-to-peer technology use,” said Paolo Ardoino, Tether CTO.
“This collaboration not only marks an important milestone for Tether, it also strengthens its position as a leading infrastructure partner for cities and nations globally.
In the ever-evolving digital landscape, Tether recognizes the need to embrace change and diversify its offerings beyond stability.
With a deep understanding of the potential of cryptocurrencies, Tether aims to empower cities and facilitate the adoption of blockchain technologies like Bitcoin, as well as peer-to-peer technology solutions like Keet and Holepunch.”
To produce a conducive environment for decentralized solutions, adoption and peer-to-peer technology initiatives, this collaboration will focus on fostering a thriving entrepreneurial ecosystem in Georgia.
Tether and the Government of Georgia aim to attract international attention and investment by promoting the growth and success of innovative startups in the blockchain space, highlighting the country's favorable working conditions and high quality of life.
*Not investment advice.