Tether has signed a Memorandum of Understanding (MOU) with the Government of Georgia, as reported by the firm on June 28.
The âstrategic collaborationâ is part of a broader vision to position Georgia as a âcentral hub for peer-to-peer and blockchain technology,â intended to bring about innovation and economic growth in the region.
A flourishing environment for peer-to-peer technology
Paolo Ardoino, CTO of Tether, said the company aims to create a âflourishing environment for peer-to-peer technology usage.â He added:
âThis collaboration not only marks a significant milestone for Tether but also reinforces its position as a pioneering infrastructure partner for cities and nations globally.â
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