Skip to content
Back to Guavy Wire
Crypto

SilkBank Expands Georgia App with USDT Purchases and Transfers

Instruments
BTC ETH USDT BNB SOL XRP
Share

SilkBank has expanded its Georgia mobile banking app to include USDT purchases and transfers. This move allows customers in Georgia to access cryptocurrency transactions alongside their fiat accounts.

The service supports a range of cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), BNB, XRP, and Gram. A limited-time promotion offers 0% commission on all USDT transactions.

This development comes as Georgia pursues stablecoin infrastructure. Tether and the Georgian government have announced plans to launch GEL₮, a stablecoin representing the Georgian lari, with further details expected to be released later.

SilkBank's CEO, Aleksi Khoroshvili, noted that the rapid growth of SilkApp confirms the strength of their digital-first strategy and the demand for modern, mobile-led banking in Georgia. The app had over 500,000 downloads and more than 200,000 Tier II users as of December 31, 2025.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc