Tether will support the development of blockchain infrastructure in Georgia
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Tether will support the development of blockchain infrastructure in Georgia The issuer of the stablecoin Tether invests not only in the development of the mining industry, but will also participate in expanding the infrastructure for digital payments. The Georgian payment operator CityPay.io will act as a partner of the company. The blog of the USDT developer says that the demand for cryptocurrency transactions is growing in the post-Soviet space. Georgia is on the list of countries that lead the region in terms of the number of bitcoin ATMs and the growth rate of blockchain-based payment networks. Paolo Ardoino, CTO of
Tether, the world’s largest issuer of USD-pegged stablecoins, has disclosed a record-breaking investment in Katoni Pay, an on-ramp/off-ramp infrastructure that connects Web3 users to local payment channels specifically across Africa. The primary objective behind this investment is to revolutionize users ‘ access to digital assets and minimize the hindrance to…