Tether, a stablecoin issuer, 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 intends to support the development of P2P technology at the state level and assist in the creation of financial instruments around it. Education on Bitcoin and blockchain technology, the creation of payment infrastructure for businesses, and the creation of a robust, open, and private P2P communication are some of the important development areas.
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