CoinTurk is a news and research portal constantly updated with the latest news, research articles, columns, price data analyses and reports in the fields of Bitcoin and other cryptocurrencies.
Summary
- Tether has entered into a memorandum of understanding with the National Bank of Kazakhstan and the Alatau City Authority to examine the development of a stablecoin pegged to the Kazakhstani tenge.
- In addition, the agreement will see the parties collaborate on exploring the tokenization of real-world assets.
- Stablecoin pilot and asset tokenization framework According to Tether, the collaboration involves studying international stablecoin models, identifying viable local use cases, and preparing a proposal for a tenge-backed stablecoin pilot.
- The agreement outlines the formation of a comprehensive framework for asset tokenization, which includes selecting suitable real-world assets for initial trials and deploying a pilot project in Alatau using Tether’s Hadron platform.
Automatic summary based on the original source. Content rights belong to the publisher. Centro Blockchain is not responsible for opinions published by third parties.
