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, involves studying international stablecoin models, defining use cases, and preparing a pilot proposal linked to the national currency. The project is still in the exploratory phase and does not represent a launched stablecoin. The collaboration also includes evaluating Tether's Hadron platform for asset tokenization and conducting workshops on blockchain technology and stablecoin management. This initiative aims to integrate digital assets into sovereign financial infrastructure while prioritizing financial stability and investor protection.
As of Oct 07, 2026 20:33 WIB, Tether's USDT is trading at Rp17.872 on Pluang with a slight 1-day increase of 0.01%. The stablecoin maintains a substantial market cap of Rp3.291,62 trillion and a 24-hour trading volume of Rp1.466,42 trillion, reflecting steady investor interest. Typical hold time on Pluang is 90 days, with a balanced order activity split of 48% sell and 52% buy, indicating stable trading dynamics around this digital asset.
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...
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 ...
