Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization
The National Bank of Kazakhstan said it will study a local currency-linked stablecoin and tokenized real-world assets with Tether.
Source: CoinDesk
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DW NOTE
Kazakhstan's central bank is signing exploratory agreements with Tether while the firm remains under U.S. criminal indictment for bank fraud conspiracy and sanctions violations. The MOU commits to nothing — no stablecoin issuance, no adoption — but invites a company that has never published a real audit into technical discussions about sovereign currency infrastructure. That's not fintech collaboration, that's regulatory arbitrage dressed as innovation.