Tether Expands Presence in Georgia with CityPay.io Investment
Tether announced an investment in CityPay.io, a leading payment processing company in Georgia. With over 600 locations, including shops, hotels, and restaurants, CityPay.io offers seamless payment solutions to customers. This move signifies Tether’s commitment to enhancing the payment industry in Georgia and its growing interest in the country’s crypto-friendly environment.
Georgia, known for its cryptocurrency adoption, has witnessed rapid growth and increased demand for crypto payment options. With a significant percentage of the population owning cryptocurrency and a substantial number of crypto ATMs across the country, Georgia ranks among the most crypto-friendly nations globally. Tether’s investment in CityPay.io will support its expansion and drive innovation, benefiting customers in Georgia and the CIS region.
Paolo Ardoino, Chief Technology Officer at Tether, expressed excitement about the partnership, emphasizing the shared vision of building a connected and accessible financial system. Eralp Hatipoglu, CEO of CityPay.io, welcomed the collaboration and highlighted the potential to accelerate growth and enhance services for customers.
We remind you that a week ago, Tether signed a memorandum with BTU, one of Georgia’s premier business and technological universities, to enhance blockchain and cryptocurrency education in the region.
Paolo Ardoino, Chief Technology Officer at Tether, expressed excitement about the partnership, emphasizing the shared vision of building a connected and accessible financial system. Eralp Hatipoglu, CEO of CityPay.io, welcomed the collaboration and highlighted the potential to accelerate growth and enhance services for customers.
We remind you that a week ago, Tether signed a memorandum with BTU, one of Georgia’s premier business and technological universities, to enhance blockchain and cryptocurrency education in the region.
