Tether to explore tenge-pegged stablecoin with Kazakhstan's central bank
- —Tether, Kazakhstan's central bank and the Alatau government signed an MOU
- —The parties will study a tenge-pegged stablecoin model and an Alatau pilot
- —Cooperation covers asset tokenization frameworks and DeFi use cases
- —Tether's Hadron is mentioned as a possible platform, but no decision has been made
Why it matters: If it moves to launch, it would be one of the first national-currency stablecoins in Central Asia backed by the largest USDT issuer.
Source: TokenPost