Tethersigned an MOU with Kazakhstan ‘s central bank and the Alatau City Authority to explore a tenge-pegged stablecoin and asset tokenization. The partnership will study international stablecoin issuance. . .
Summary
- The partnership will study international stablecoin issuance models, develop a stablecoin pilot proposal, and launch a tokenization project in Alatau using Tether ‘s Hadron platform.
- Kazakhstan accelerated its digital asset strategy by approving a 65-measure plan, growing its crypto reserve to $700 million, and ranking among the top 10 global Bitcoin producers.
- Tether has signed an MOU with Kazakhstan’s central bank and the Alatau City Authority to explore a tenge-pegged stablecoin and real-world asset tokenization,according to Tether.
- Under the agreement, the parties will study international stablecoin issuance models and develop a proposal for a tenge-backed stablecoin pilot.
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