---
title: "Tether Georgian Lari Stablecoin (GEL₮) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/gelt-tether/"
description: "Build-time stablecoin profile for Tether Georgian Lari Stablecoin (GEL₮). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
---



# Tether Georgian Lari Stablecoin (GEL₮)

**Peg:** Other

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** pre-launch

## Collateral

Planned 1:1 Georgian Lari-denominated reserves under National Bank of Georgia Order No. 52/04 (100% reserve backing, full redemption rights); reserve composition, custodian, and attestation not yet disclosed

## Peg Mechanism

Pre-launch fiat-referenced stablecoin digitally representing the Georgian Lari; designed for 1:1 GEL backing with full redemption rights under NBG oversight, though chains, contracts, reserve disclosures, and launch timing remain unannounced

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| Georgia | National Bank of Georgia (NBG) | N/A |

## Live Data

This is a pre-launch stablecoin profile. Live API data is not available until launch.