Tether and Kazakhstan are reportedly planning a pilot for a stablecoin pegged one-to-one to the Kazakhstani tenge, backed by tenge held in reserve. It would be a government-backed token and a limited test before any wider rollout. This would extend Tether's non-dollar stablecoins beyond its existing euro-pegged EURT.
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Stablecoin Issuers Watch
What the largest stablecoin issuers announce: new chains and products, reserve reports, licences and partnerships from Tether, Circle, Sky, Ethena and PayPal.
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Oct 2026Created
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Oct 7 · 1 of 1 shownTether (USDT)·PartnershipOct 7
Tether and Kazakhstan Plan Tenge-Pegged Stablecoin Pilot | CoinLineup
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