logo

Georgia now allows companies to issue stablecoins backed by reserve assets

By: rootdata|2026/03/12 11:43:30
0
Share
copy

According to market news, the Central Bank of Georgia has enacted new regulations allowing companies registered and licensed in Georgia to issue stablecoins pegged to the national currency, provided they are fully backed by reserve assets.

Users can redeem stablecoins at face value at any time, and the issuer must meet capital requirements and undergo strict audits. According to the regulations, issuing institutions must register with the central bank and obtain written permission, with a regulatory capital of at least 500,000 lari (approximately $183,000), and a quarterly audit by one of the "Big Four" accounting firms is required when reserve assets exceed 15 million lari (approximately $5.5 million).

Redemption requests up to 300,000 lari must be completed within three working days, while larger amounts must be completed within five working days. The new regulations cover stablecoins pegged to the Georgian lari, foreign currencies, or other assets, with a reserve coverage ratio of 100%, and the assets must be clearly separated from the issuer's own assets.

-- Price

--

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

03:42

Data: ETH total network contract open interest increased by 5.27% in 24 hours

According to Coinglass data, the total contract open interest for ETH has increased by 5.27% in the past 24 hours, with a current total open interest of 29.222 billion USD. Among them, Binance's open interest is 6.34 billion USD, OKX's open interest is 1.835 billion USD, Bybit's open interest is 2.0...
03:42

Data: If BTC falls below $67,407, the cumulative long liquidation intensity on major CEXs will reach $1.844 billion

According to Coinglass data, if BTC falls below $67,407, the cumulative long liquidation intensity on mainstream CEX will reach $1.844 billion. Conversely, if BTC breaks above $74,414, the cumulative short liquidation intensity on mainstream CEX will reach $903 million.
03:42

Data: If ETH breaks through 2,254 USD, the cumulative short liquidation intensity on mainstream CEX will reach 846 million USD

According to Coinglass data, if ETH breaks through $2,254, the cumulative short liquidation intensity on mainstream CEX will reach $846 million. Conversely, if ETH falls below $2,040, the cumulative long liquidation intensity on mainstream CEX will reach $731 million.
03:42

Data: 41.53 BTC transferred from an anonymous address to Cumberland DRW, worth approximately 2.27 million USD

According to Arkham data, at 02:25, 41.53 BTC (worth approximately 2.27 million USD) was transferred from an anonymous address (starting with 168Bveij...) to Cumberland DRW.
03:42

Data: 200 BTC transferred from an anonymous address, worth approximately 14.19 million USD

According to Arkham data, at 02:30, 200 BTC (worth approximately 14.19 million USD) were transferred from an anonymous address (starting with 37HRJ...) to multiple anonymous addresses.
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com