Regulation· ★★★· neutral·

Kazakhstan and Tether to explore tenge stablecoin and asset tokenization

  • —Kazakhstan's central bank and Tether will study a tenge-pegged stablecoin
  • —Real estate tokenization is planned via Tether's Hadron platform
  • —A $60 million tokenization project with Alatau City was announced earlier
  • —Tether will run training workshops on stablecoins and blockchain
Why it matters: A digital tenge would be a rare state-backed stablecoin built on Tether infrastructure, expanding the issuer's role beyond USDT.
Source: Newsbit