Tether, the leading stablecoin provider, has signed a Memorandum of Understanding (MOU) with the Government of Georgia to develop and promote blockchain, Bitcoin, and peer-to-peer infrastructure. This strategic partnership aims to position Georgia as a central hub for cutting-edge technologies, sparking a wave of innovation and economic growth.
The collaboration underscores Tether's dedication to its global strategy of building resilient cities and nations. Paolo Ardoino, the CTO of Tether, expressed enthusiasm about creating a thriving environment for peer-to-peer technology through close collaboration with the Government of Georgia.
Furthermore, Tether and the Georgian government will collaborate with local academic institutions, including BTU, a top technological university and research center in Georgia. Together, they will establish educational programs and initiatives to equip students and professionals with the necessary knowledge and skills in blockchain, stablecoins, and peer-to-peer systems.
By leveraging the expertise and resources of the Government of Georgia, Tether aims to fortify the blockchain ecosystem, drive innovation, and position Georgia as a global leader in blockchain and peer-to-peer technologies. This partnership will not only benefit the local startup community but also enhance Georgia's reputation as an appealing destination for companies and professionals worldwide.
