Tether Surges to All-Time High Against Georgian Lari

The cryptocurrency Tether (USDT) has seen a significant increase in value over the last 24 hours, reaching an all-time high of ₾1.32 against the Georgian Lari (GEL). As of August 8th at 18:26 GMT+8, the current exchange rate is approximately 1 USDT = ₾2.61 GEL.

This surge in value has brought Tether's market capitalization to ₾478.01B GEL and its 24-hour trading volume to ₾80.47B GEL. The circulating supply of USDT remains at 183B units.

Bybit, a popular cryptocurrency exchange, allows users to easily convert their USDT to GEL with zero conversion fees. This convenience has contributed to the platform's 86 million+ user base and its position as one of the world's top exchanges by trading volume and liquidity.