Pharos can still tell you how this asset is supposed to work, when it expects to launch, and what sources to watch. Live market, peg, liquidity, and safety surfaces activate only after the first post-launch data sync.
Announced May 25 2026 as a joint Tether / Government of Georgia initiative to place the Georgian Lari on digital-asset rails; not a CBDC (distinct from the NBG's separate digital-lari pilot). Grounded in NBG Order No. 52/04 (March 6 2026), which lets licensed VASPs issue Lari-pegged stablecoins under 100% reserve backing, prior NBG consent, full redemption rights, and GEL 500,000 minimum issuer capital; framework built for compatibility with the US GENIUS Act. Endorsed by PM Irakli Kobakhidze and NBG President Natia Turnava. Chains, contract addresses, reserve disclosures, banking partners, and launch timing to be announced at a later stage.
Tether Georgian Lari Stablecoin (GEL₮) Pre-launch Stablecoin Tracker
GEL₮
At a Glance
- Backing
- Real-World Asset Backed
- Governance
- Centralized (CeFi)
- Peg Currency
- Other
- Jurisdiction
- Georgia (National Bank of Georgia (NBG))
Get a Telegram alert when GEL₮ becomes tracked on Pharos
Copy this exact command and send it to @PharosWatchBot. It uses this coin's exact Pharos ID, so it works even when a ticker is ambiguous.
Copy Exact Bot Command
/subscribe launch gelt-tetherActivity Timeline
Tether and the Government of Georgia announce GEL₮
Joint initiative to issue a Georgian Lari-pegged stablecoin under the NBG's stablecoin framework; structure, rollout, and regulatory implementation to follow. Endorsed by PM Irakli Kobakhidze and NBG President Natia Turnava.
SourceDiscover
Links
Related Stablecoins
Active stablecoins with similar governance, backing, or peg currency.
