Tether signs MoU with Kazakhstan central bank and Alatau City authority
- —MoU signed on 7 October 2026 with the NBK and Alatau City Authority
- —Parties to draft a concept and pilot for a tenge-pegged stablecoin
- —Asset tokenization may use Tether's Hadron platform
- —No timetable, funding details or regulatory approvals were disclosed
Why it matters: Kazakhstan could become one of the first jurisdictions with a state-backed tenge stablecoin pilot, expanding Tether's footprint in Central Asia.
Source: Blockchain.News