USDT/GEL: Convert Tether (USDT) to Georgian Lari (GEL)
1 Tether equals GEL 2.78 Georgian Lari
Last update: 3:56 PM, June 21, 2024
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Overview
About Tether (USDT)
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.
Resources
How Tether (USDT) and Georgian Lari (GEL) 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.
Tether Markets
Tether is falling this week.
The current price of Tether is GEL 2.78 per USDT. With a circulating supply of 112,891,354,601.683 USDT, it means that Tether has a total market cap of GEL 314,002,994,745.13. The amount of Tether traded has risen by GEL 5,325,005,036.81 in the last 24 hours, which is a 3.61% increase. Additionally, in the last day, GEL 147,337,933,198.95 worth of USDT has been traded.
€314.0B
€147.3B
112.9B USDT
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FAQ
How much is 1 Tether in GEL?
Right now, 1 Tether is worth about GEL 2.78.
How much USDT could I buy for 1 GEL?
Based on the current rate, you could get 0.36 USDT for 1 GEL.
How much has the price of Tether changed?
Tether price has been on the rise. Since yesterday, the exchange rate of Tether has increased. Since last month, the exchange rate of Tether has decreased. Since this time last year, the price of Tether has decreased.
How do I calculate or convert USDT to GEL?
You can use our USDT to GEL calculator at the top of this page to convert any amount of USDT to GEL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GEL is equivalent to 1.8 USDT. Inversely, 5 USDT will cost about 13.91 GEL.
How can I buy 1 Tether on Coinbase?
Tether is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Tether.
Conversion tables
The exchange rate of Tether is decreasing.
The current value of 1 USDT is GEL 2.78 GEL. In other words, to buy 5 Tether, it would cost you GEL 13.91 GEL. Inversely, GEL 1.00 GEL would allow you to trade for 0.36 USDT while GEL 50.00 GEL would convert to 17.98 USDT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.01%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the the highest exchange rate of 1 USDT to Georgian Lari was 0.99952 GEL and the lowest 24 hour value was 1 USDT for 0.9991 GEL. This time last month, the value of 1 USDT was GEL 2.78 GEL, which is a 0.03% increase from where it is now. Looking back a year, Tether has changed by GEL 0.00 GEL. That means that in a single year, the value of Tether has shrank by 0.07%.
USDT to GEL
Amount | Today at 3:56 pm |
---|---|
0.5 USDT | GEL 1.39 |
1 USDT | GEL 2.78 |
5 USDT | GEL 13.91 |
10 USDT | GEL 27.82 |
50 USDT | GEL 139.08 |
100 USDT | GEL 278.16 |
500 USDT | GEL 1,390.78 |
1,000 USDT | GEL 2,781.56 |
GEL to USDT
Amount | Today at 3:56 pm |
---|---|
0.5 GEL | 0.18 USDT |
1 GEL | 0.36 USDT |
5 GEL | 1.80 USDT |
10 GEL | 3.60 USDT |
50 GEL | 17.98 USDT |
100 GEL | 35.95 USDT |
500 GEL | 179.76 USDT |
1,000 GEL | 359.51 USDT |
Today vs. 24 hours ago
Amount | Today at 3:56 pm | 24 hours ago | 24H Change |
---|---|---|---|
0.5 USDT | GEL 1.39 | GEL 1.39 | +0.01% |
1 USDT | GEL 2.78 | GEL 2.78 | +0.01% |
5 USDT | GEL 13.91 | GEL 13.91 | +0.01% |
10 USDT | GEL 27.82 | GEL 27.81 | +0.01% |
50 USDT | GEL 139.08 | GEL 139.07 | +0.01% |
100 USDT | GEL 278.16 | GEL 278.14 | +0.01% |
500 USDT | GEL 1,390.78 | GEL 1,390.70 | +0.01% |
1,000 USDT | GEL 2,781.56 | GEL 2,781.41 | +0.01% |
Today vs. 1 month ago
Amount | Today at 3:56 pm | 1 months ago | 1M Change |
---|---|---|---|
0.5 USDT | GEL 1.39 | GEL 1.39 | -0.03% |
1 USDT | GEL 2.78 | GEL 2.78 | -0.03% |
5 USDT | GEL 13.91 | GEL 13.91 | -0.03% |
10 USDT | GEL 27.82 | GEL 27.82 | -0.03% |
50 USDT | GEL 139.08 | GEL 139.12 | -0.03% |
100 USDT | GEL 278.16 | GEL 278.25 | -0.03% |
500 USDT | GEL 1,390.78 | GEL 1,391.23 | -0.03% |
1,000 USDT | GEL 2,781.56 | GEL 2,782.47 | -0.03% |
Today vs. 1 year ago
Amount | Today at 3:56 pm | 1 year ago | 1Y Change |
---|---|---|---|
0.5 USDT | GEL 1.39 | GEL 1.39 | -0.07% |
1 USDT | GEL 2.78 | GEL 2.78 | -0.07% |
5 USDT | GEL 13.91 | GEL 13.92 | -0.07% |
10 USDT | GEL 27.82 | GEL 27.83 | -0.07% |
50 USDT | GEL 139.08 | GEL 139.17 | -0.07% |
100 USDT | GEL 278.16 | GEL 278.35 | -0.07% |
500 USDT | GEL 1,390.78 | GEL 1,391.75 | -0.07% |
1,000 USDT | GEL 2,781.56 | GEL 2,783.50 | -0.07% |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.