Tether has signed a memorandum of understanding (MOU) with the government of Georgia to foster crypto, web3, and peer-to-peer (P2P) technology development in the country.
The stablecoin issuer will also work with local startups to develop blockchain-based solutions through collaboration.
Tether. to, the issuers of USDT, the world’s largest stablecoin, have signed a memorandum of understanding (MOU) with the Georgian government to accelerate the development and adoption of crypto, blockchain, and peer-to-peer technologies in the country.
The alliance aims to attract foreign direct investment, develop resilient communication and financial systems for the country through blockchain and P2P technologies, and collaborate with local academic institutions for educational programs focusing on crypto, web 3, stablecoin, and other innovative technologies.