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Home›Crypto›Regulation›Kazakhstan central bank will study a Tether-backed sta…

Kazakhstan central bank will study a Tether-backed stablecoin

The National Bank of Kazakhstan plans to review both a local currency-linked stablecoin and tokenized real-world assets.

CoinDesk reports that Kazakhstan’s central bank will study a local-currency linked stablecoin and tokenized real-world assets using Tether.

The National Bank of Kazakhstan said it will explore a stablecoin option tied to Kazakhstan’s currency and assess the use of tokenization for real-world assets.

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