On October 7, 2026, Tether announced an MoU with Kazakhstan’s National Bank and the Alatau City Authority to explore stablecoin use cases, asset tokenization, and decentralized finance. The work includes studying a possible tenge-linked stablecoin, identifying assets for tokenization, designing a model, and planning an asset-tokenization pilot in Alatau, alongside workshops on issuance, reserves, and tokenization. Tether’s announcement CoinDesk’s report

Tether

On October 7, 2026, Tether announced an MoU with Kazakhstan’s National Bank and the Alatau City Authority to explore stablecoin use cases, asset tokenization, and decentralized finance. The work includes studying a possible tenge-linked stablecoin, identifying assets for tokenization, designing a model, and planning an asset-tokenization pilot in Alatau, alongside workshops on issuance, reserves, and tokenization. Tether’s announcement CoinDesk’s report

The announcement describes exploration and pilot planning; it does not establish that a tenge stablecoin has launched or specify its issuer, backing, timeline, or terms. Kazakhstan’s National Bank deputy governor said financial stability, transaction transparency, and investor protection remain priorities. Tether’s announcement

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