⚡️ Tether and Kazakhstan’s central bank explore a tenge-pegged stablecoin and asset tokenization
📰 Tether has signed a memorandum of understanding with the National Bank of Kazakhstan and the Alatau City Authority to evaluate issuing a stablecoin pegged to the tenge (KZT) and tokenizing real-world assets (RWA)
The agreement sets out a research and pilot-testing agenda, without yet implying a commercial launch or immediate issuance:
* Stablecoin issuance and management: The parties will analyze international models to define the issuance structure, custodial entities, reserve assets that will back the token, and mechanisms to maintain parity with the local currency.
* Asset tokenization (RWA): The parties are considering pilot projects in the city of Alatau using Hadron by Tether, the company’s specialized platform for digitizing assets, equities, and commodities.
* Regulation and training: The initiative includes training public-sector personnel in decentralized finance (DeFi), financial stability, and regulatory frameworks for investor protection.
This partnership strengthens Kazakhstan’s strategy to position itself as a crypto innovation hub in Central Asia, allowing Tether to expand its tokenization technology and payments infrastructure in the region.
📢 Kazakhstan’s central bank signs with Tether to explore a stablecoin in its currency
The National Bank of Kazakhstan signed a memorandum of understanding with Tether, the company behind USDT, to explore stablecoins, asset tokenization, and decentralized finance. The agreement, announced on October 7, 2026, also includes the Alatau City Authority and puts a possible tenge-pegged stablecoin on the table, the…
#defi #Tokenization #USDT #Kazajistan #RWA $BTC $ETH $KGST
📰 Tether has signed a memorandum of understanding with the National Bank of Kazakhstan and the Alatau City Authority to evaluate issuing a stablecoin pegged to the tenge (KZT) and tokenizing real-world assets (RWA)
The agreement sets out a research and pilot-testing agenda, without yet implying a commercial launch or immediate issuance:
* Stablecoin issuance and management: The parties will analyze international models to define the issuance structure, custodial entities, reserve assets that will back the token, and mechanisms to maintain parity with the local currency.
* Asset tokenization (RWA): The parties are considering pilot projects in the city of Alatau using Hadron by Tether, the company’s specialized platform for digitizing assets, equities, and commodities.
* Regulation and training: The initiative includes training public-sector personnel in decentralized finance (DeFi), financial stability, and regulatory frameworks for investor protection.
This partnership strengthens Kazakhstan’s strategy to position itself as a crypto innovation hub in Central Asia, allowing Tether to expand its tokenization technology and payments infrastructure in the region.
📢 Kazakhstan’s central bank signs with Tether to explore a stablecoin in its currency
The National Bank of Kazakhstan signed a memorandum of understanding with Tether, the company behind USDT, to explore stablecoins, asset tokenization, and decentralized finance. The agreement, announced on October 7, 2026, also includes the Alatau City Authority and puts a possible tenge-pegged stablecoin on the table, the…
#defi #Tokenization #USDT #Kazajistan #RWA $BTC $ETH $KGST