Economy Minister meets Tether Chairman

Georgian Vice Prime Minister and Minister of Economy and Sustainable Development Mariam Kvrivishvili met with Giancarlo Devasini, chairman and majority shareholder of Tether, one of the world’s largest blockchain-based platforms, and members of the company’s delegation.

According to the ministry, the discussions focused on the development of the fintech sector in Georgia and the wider region, the country’s investment environment, and Tether’s completed, ongoing and planned investment projects in Georgia.

“The parties highlighted the significant efforts being made by the Georgian government to develop the country’s technology and innovation ecosystem. Particular attention was paid to the modernization of the financial sector and the development of fintech innovations, which will help establish Georgia as a regional technology and financial hub,” the Ministry of Economy and Sustainable Development said.