Tether Signs MoU with the National Bank of Kazakhstan and the Alatau City Authority to Explore Stablecoin Use Cases and Asset Tokenization
Tether signed a memorandum of understanding with Kazakhstan’s National Bank and the Alatau City Authority on 7 October 2026 to explore a tenge-linked stablecoin, tokenization of real-world assets, and related digital-asset use cases. Several versions of the deal also mention a possible pilot in Alatau City and further study of issuance, reserves, and regulatory frameworks.
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Users, firms building on digital assets, and regulators in Kazakhstan are the people most directly affected tomorrow morning, because the memorandum sets up joint study of stablecoins, tokenization, and decentralized finance with the National Bank and the Alatau City Authority. That means the discussion has moved into an official framework, rather than remaining only a market proposal.
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