Aleksei Dmitry Melnik 
As you might know, Tether (USDT) is the largest stablecoin company in the world. With constant investment lately, it is only getting bigger than ever.
Tether (USDT) announced a new investment today. It will invest in CityPay.io. A payment processing company operating in more than 600 locations across Georgia.
Georgia has a high level of interest and adoption of cryptocurrency as a country with 2.89% of its population owning some form of digital asset. By partnering with Tether, CityPay.io will be able to expand its operations and improve its services to benefit its customers in Georgia.
After the recent Bitcoin move, Tether announces its new venture
Tether, with its investment in CityPay.io, marks an important milestone for the payment processing industry.
Earlier this year Binance announced that CityPay.io had connected to Binance Pay allowing purchases in cryptocurrencies.
Paolo Ardoino, the Chief Technology Officer at Tether stated that this partnership with CityPay.io will introduce greater innovation and efficiency to the payments industry in Georgia. Tether is dedicated to supporting companies that share our vision of establishing a more interconnected and accessible financial system. This investment in CityPay.io marks an important stride towards accomplishing that objective.
Eralp Hatipoğlu, the CEO of CityPay.io, also make a comment about the partnership, stating that they are thrilled to join forces with Tether. The investment will enable them to accelerate our growth and expand their services to a wider customer base throughout Georgia.
