Tether Signs MoU With Kazakhstan’s Central Bank to Explore a Tenge Stablecoin
🌍 Tether has partnered with the National Bank of Kazakhstan and the Alatau City Authority to explore a stablecoin pegged to the tenge, focusing on international models for issuance and a pilot proposal.
💡 The collaboration will prioritize asset categories and potentially launch a tokenization pilot using Tether's Hadron platform, alongside workshops for NBK specialists on reserve management.
💰 Kazakhstan plans to invest up to $60 million in tokenized projects by 2026, with a focus on expanding its regulated digital asset market under a new constitutional law for Alatau's special legal regime.
🌍 Tether has partnered with the National Bank of Kazakhstan and the Alatau City Authority to explore a stablecoin pegged to the tenge, focusing on international models for issuance and a pilot proposal.
💡 The collaboration will prioritize asset categories and potentially launch a tokenization pilot using Tether's Hadron platform, alongside workshops for NBK specialists on reserve management.
💰 Kazakhstan plans to invest up to $60 million in tokenized projects by 2026, with a focus on expanding its regulated digital asset market under a new constitutional law for Alatau's special legal regime.