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Convert and Swap Tether USDT to Georgian Lari GEL

USDT/GEL: 1 Tether equals GEL 2.80 GEL

Last update: 7:30 AM, December 23, 2024

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Tether is falling this week.

The current price of Tether is GEL 2.80 per USDT. With a circulating supply of 139,848,269,931.163 USDT, it means that Tether has a total market cap of GEL 392,281,508,049.20. The amount of Tether traded has fallen by GEL 30,925,258,029.98 in the last 24 hours, which is a 8.87% decrease. Additionally, in the last day, GEL 348,621,398,176.94 worth of USDT has been traded.

GEL 392.3B
GEL 348.6B
139.8B USDT

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About Tether

Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.

How Tether and Georgian Lari differ

Tether (USDT) and Georgian Lari (GEL) are both forms of currency, but they operate in fundamentally different ways. Tether, launched in 2014, is a digital currency platform that aims to facilitate the use of traditional fiat currencies in a digital format. It operates as digital tokens built on several leading blockchains, providing a modern approach to money. Tether's USD₮ token is a digital dollar, pegged 1:1 to the USD, providing a robust and decentralized method of exchanging value. On the other hand, the Georgian Lari is the traditional fiat currency of Georgia, regulated by the National Bank of Georgia, and is not tied to blockchain technology. Unlike Tether, which is designed to maintain a stable value equivalent to the U.S. dollar, the value of the Georgian Lari can fluctuate based on economic factors. While Tether provides a way to transact a U.S. dollar equivalent globally via blockchain, the Georgian Lari is primarily used for transactions within Georgia.

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USDT to Georgian Lari conversion tables

The exchange rate of Tether is decreasing.

The current value of 1 USDT is GEL 2.80 GEL. In other words, to buy 5 Tether, it would cost you GEL 14.02 GEL. Inversely, GEL 1.00 GEL would allow you to trade for 0.36 USDT while GEL 50.00 GEL would convert to 17.83 USDT, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 0.05%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, and that the the highest exchange rate of 1 USDT to Georgian Lari was GEL 2.81 GEL and the lowest 24 hour value was 1 USDT for GEL 2.80 GEL. This time last month, the value of 1 USDT was GEL 2.74 GEL, which is a 0.21% increase from where it is now. Looking back a year, Tether has changed by GEL 2.69 GEL. That means that in a single year, the value of Tether has shrank by 0.14%.

USDT to GEL performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
GEL 2.81 GEL
-0.03%
GEL 2.81 GEL
-0.05%
GEL 2.74 GEL
-0.21%
GEL 2.69 GEL
-0.14%

USDT to GEL

Amount
Today at 7:30 am
0.5 USDT
GEL 1.40
1 USDT
GEL 2.80
5 USDT
GEL 14.02
10 USDT
GEL 28.05
50 USDT
GEL 140.24
100 USDT
GEL 280.48
500 USDT
GEL 1,402.42
1,000 USDT
GEL 2,804.85

GEL to USDT

Amount
Today at 7:30 am
0.5 GEL
0.18 USDT
1 GEL
0.36 USDT
5 GEL
1.78 USDT
10 GEL
3.57 USDT
50 GEL
17.83 USDT
100 GEL
35.65 USDT
500 GEL
178.26 USDT
1,000 GEL
356.53 USDT

Today vs. 24 hours ago

Amount
Today at 7:30 am
24 hours ago
24H Change
0.5 USDT
GEL 1.40
GEL 1.40
-0.03%
1 USDT
GEL 2.80
GEL 2.81
-0.03%
5 USDT
GEL 14.02
GEL 14.03
-0.03%
10 USDT
GEL 28.05
GEL 28.06
-0.03%
50 USDT
GEL 140.24
GEL 140.29
-0.03%
100 USDT
GEL 280.48
GEL 280.58
-0.03%
500 USDT
GEL 1,402.42
GEL 1,402.90
-0.03%
1,000 USDT
GEL 2,804.85
GEL 2,805.80
-0.03%

Today vs. 1 month ago

Amount
Today at 7:30 am
1 months ago
1M Change
0.5 USDT
GEL 1.40
GEL 1.41
-0.21%
1 USDT
GEL 2.80
GEL 2.81
-0.21%
5 USDT
GEL 14.02
GEL 14.05
-0.21%
10 USDT
GEL 28.05
GEL 28.11
-0.21%
50 USDT
GEL 140.24
GEL 140.54
-0.21%
100 USDT
GEL 280.48
GEL 281.07
-0.21%
500 USDT
GEL 1,402.42
GEL 1,405.36
-0.21%
1,000 USDT
GEL 2,804.85
GEL 2,810.73
-0.21%

Today vs. 1 year ago

Amount
Today at 7:30 am
1 year ago
1Y Change
0.5 USDT
GEL 1.40
GEL 1.40
-0.14%
1 USDT
GEL 2.80
GEL 2.81
-0.14%
5 USDT
GEL 14.02
GEL 14.04
-0.14%
10 USDT
GEL 28.05
GEL 28.09
-0.14%
50 USDT
GEL 140.24
GEL 140.43
-0.14%
100 USDT
GEL 280.48
GEL 280.86
-0.14%
500 USDT
GEL 1,402.42
GEL 1,404.32
-0.14%
1,000 USDT
GEL 2,804.85
GEL 2,808.65
-0.14%

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