The entry of global tech company Tether into Georgia sends an important signal to the international investment community, Prime Minister Irakli Kobakhidze said at the company’s investment presentation.
He noted that Tether manages around $200 billion in assets and gold reserves, positioning itself as a major bridge between traditional and digital economies. “We are pleased that Tether is now becoming part of our economic ecosystem,” he said.
Kobakhidze said the company plans large-scale investments across various sectors, extending beyond pure business interests and focusing on broader public benefits, including social and educational initiatives.
He highlighted that the most ambitious aspect of the partnership is Tether’s plan to issue a digital equivalent of the Georgian lari — GELT — and said the cooperation demonstrates growing international investor confidence in Georgia and the country’s position as a reliable partner.
