Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization
The National Bank of Kazakhstan said it will study a local currency-linked stablecoin and tokenized real-world assets with Tether.
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Resumen
- Kazakhstan’s central bank signed an agreement with Tether to explore a stablecoin pegged to the local currency and potential use cases for digital money.
- The parties will also develop a framework for tokenizing real-world assets, with a pilot planned under Alatau City’s special legal regime.
- Tether’s Hadron tokenization platform could be used in the project, though the agreement does not commit Kazakhstan to issuing a stablecoin or adopting the technology.
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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
