Tether signed a memorandum of understanding with the National Bank of Kazakhstan and the Alatau City Authority to prepare a pilot proposal for a tenge-pegged stablecoin and an asset tokenization framework

From the articleTether signs stablecoin MoU with Kazakhstan, a month after Binance - CryptopolitanAlso in Tether Signs Deal With Kazakhstan's Central Bank to Explore a Stablecoin and Tokenized Assets - Decrypt, Kazakhstan Taps Tether to Explore a New Tenge Stablecoin Model, Tether, Kazakhstan plan tenge stablecoin pilot