Tether has signed a Memorandum of Understanding (MOU) with the Government of Georgia, as reported by the firm on June 28.
The “strategic collaboration” is part of a broader vision to position Georgia as a “central hub for peer-to-peer and blockchain technology,” 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 “flourishing environment for peer-to-peer technology usage.” He added:
“This collaboration not only marks a significant milestone for Tether but also reinforces its position as a pioneering infrastructure partner for cities and nations globally.”
