Tether and Georgia Pilot Lari-Backed Stablecoin Model
The crypto-forward nation of Georgia will launch GEL₮, a stablecoin backed by the Georgian lari in partnership with Tether. The ambitious initiative aims to reduce transaction costs, enable near-instant settlement, and make payments programmable, alongside the broader objective of improving the efficiency of cross-border transfers. Georgia’s government has long pursued a pro-crypto stance. Earlier this […]
The Instant Payments Shift Is Testing the Limits of Legacy Banking
For decades, banks could afford to move slowly. Now, speed is table stakes. In a world of instant payments and real-time expectations, institutions built on legacy systems are being forced to confront a hard reality: modernizing is no longer optional. In a PaymentsJournal Podcast, George Malesky, Director of Partnership Development at Qualpay, and Brian Riley, […]