Coinbry

  • Market Cap: $2,686,783,430,809.46
  • 24h Vol: $132,333,065,319.18
  • BTC Dominance: 50.79%
Georgia and Tether collaborate to build Bitcoin peer-to-peer infrastructure

Georgia and Tether collaborate to build Bitcoin peer-to-peer infrastructure

– Tether has signed a memorandum of understanding (MoU) with the government of Georgia to develop Bitcoin and peer-to-peer (P2P) infrastructure in the country.

– The collaboration aims to build key infrastructure for a thriving startup ecosystem in Georgia and attract international attention and investment.

– The partnership will focus on education on Bitcoin and blockchain technology, building payment infrastructure for merchants, and developing a resilient P2P communication system.

– The collaboration also aims to create and implement a strong, autonomous financial and communication system, encouraging the adoption of P2P technology-based digital payment and communication systems.

– Georgia will create a special fund for local startups to help develop blockchain technologies and position the country as an attractive ecosystem for tech startups.

– Tether’s collaboration with the Georgian government is part of a trend of crypto companies working closely with governments to advance the technology and promote positive regulation.

Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.