Tether has signed a Memorandum of Understanding with the Nairobi Securities Exchange, Kenya’s main stock exchange, on July 28. The partnership aims to explore digital asset education, tokenize securities, and develop blockchain-based market infrastructure across Africa. It includes potential creation of infrastructure for tokenizing stocks and bonds, educational programs for blockchain literacy, and integration of USDT for settlements where legally permitted. The NSE has advanced its digital transformation since 2024, but no specific timelines or financial commitments are outlined, and regulatory clarity in Kenya remains pending.
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