In Georgia and neighboring countries, there is a growing use of USDT and USDC stablecoins in international settlements and money transfers. This was stated by Ioseb Bolkvadze, managing partner of Cryptal, noting the expanding role of digital assets in the cross-border financial infrastructure.

According to him, the key growth factor is the absence of a single currency area in the region. Unlike the Eurozone, where cross-border operations take place within a common currency system, the countries of the South Caucasus and neighboring states use different currencies and regulatory regimes, which complicates traditional transfers.

Against this background, stablecoins are becoming an alternative payment instrument. Digital tokens pegged to the US dollar are increasingly used to send funds between countries, allowing to bypass some restrictions and reduce currency conversion costs.

Their use in the real estate market is also growing. According to Cryptal, foreign homebuyers in Georgia are increasingly using USDT and similar assets for settlements and transferring large sums, which simplifies transactions in the context of international payment restrictions.

The company also points to the long-term growth of the cryptocurrency market: over the past decade, its average annual dynamics are estimated at approximately 30%, which reflects the sustained expansion of digital financial instruments in the regional economy.