✉news BusinessBanking first seen 12 h ago, last 8 min ago, peak #7
Kazakhstan central bank taps Tether for stablecoin pilot
Original: Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization
Tether has been selected by the National Bank of Kazakhstan to explore the issuance of a tenge-backed stablecoin and the tokenization of assets. The partnership signals Kazakhstan's push to integrate regulated digital assets into its financial system, building on the country's earlier embrace of crypto mining and exchange regulation. Details on timelines and scope have not been announced.
Why now: A major USDT issuer working directly with a central bank marks a notable step in state adoption of stablecoin technology.
TetherNational Bank of KazakhstanKazakhstan
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