Tether and Kazakhstan's Central Bank Sign MoU on a Tenge Stablecoin
• On Oct 7, the National Bank of Kazakhstan, Tether and the Alatau City Authority signed an MoU to study a tenge-pegged stablecoin and a framework for tokenized assets.
• The central bank stressed this is exploratory and not a decision to issue.
• A tokenization pilot is planned in Alatau City under its special legal regime, with Tether's Hadron platform among the technologies considered.
Tether is moving from issuing $USDT to selling infrastructure to central banks. A real issuance decision would be the signal to watch.
Not investment advice. DYOR.
$USDT
• On Oct 7, the National Bank of Kazakhstan, Tether and the Alatau City Authority signed an MoU to study a tenge-pegged stablecoin and a framework for tokenized assets.
• The central bank stressed this is exploratory and not a decision to issue.
• A tokenization pilot is planned in Alatau City under its special legal regime, with Tether's Hadron platform among the technologies considered.
Tether is moving from issuing $USDT to selling infrastructure to central banks. A real issuance decision would be the signal to watch.
Not investment advice. DYOR.
$USDT