Kazakhstan's National Bank has signed a memorandum with Tether and Alatau City Authority to explore issuing a stablecoin pegged to the Kazakhstani tenge and to develop tokenization of real-world assets. The initiative aims to study international best practices and prepare a pilot project under Alatau City's special legal regime for financial technology. Tether's Hadron platform may be used for the tokenization infrastructure, but no decision has been made yet to issue the stablecoin. This partnership highlights Kazakhstan's move towards integrating blockchain technology in its financial system while keeping central bank oversight.
Kazakhstan's exploration of a stablecoin pegged to its national currency ties into the ongoing global interest in digital assets like Tether. On Pluang, USDT (Tether) is priced at Rp17.871 with no change in the last day, showing stable demand. As of Oct 07, 2026 21:42 WIB, Tether's market cap on Pluang stands at Rp3.296,31 trillion with a 24-hour trading volume of Rp1.550,91 trillion, and a balanced order activity of 48% Sell and 52% Buy, reflecting steady investor engagement.
Tether has signed a memorandum of understanding with Kazakhstan's central bank and Alatau City Authority to explore creating a stablecoin pegged to the Kazakhstani tenge and to develop tokenized real-world assets. The agreement, made on October 7, in...
Tether has signed a Memorandum of Understanding with Kazakhstan's National Bank and Alatau City Authority to jointly study stablecoin issuance models and develop a pilot proposal for a tenge-pegged stablecoin, alongside an asset-tokenization framewor...
Tether has signed a memorandum of understanding with Kazakhstan's National Bank and Alatau City Authority to explore a tenge-pegged stablecoin pilot and asset tokenization using Tether's Hadron platform. Kazakhstan already regulates stablecoins and t...
Tether has entered a partnership with Kazakhstan’s National Bank and Alatau City Authority to explore the development of tenge-backed stablecoins and tokenized assets. This collaboration aims to support Kazakhstan's ambitions to become a regional hub...
Conduit has filed a lawsuit against Tether in New York federal court, accusing the stablecoin issuer of freezing $2.76 million in its treasury wallet on September 24, 2025, without justification and refusing to release the funds for over a year. The ...
