Market News / Story
Tether, Kazakhstan cenbank mull tenge stablecoin and asset tokenization
Cointelegraph ·
Cointelegraph reports: Tether has signed an agreement with Kazakhstan’s central bank and the Alatau City Authority to explore a tenge-pegged stablecoin and the tokenization of real-world assets. Under the memorandum of understanding, the parties will study international stablecoin issuance models, identify potential use cases and develop a proposal for a tenge-backed stablecoin pilot, according to Tether. The agreement also calls for the development of an asset tokenization framework,…