Tether Signs MoU with Nairobi Securities Exchange to Explore Tokenization

Tether has signed a memorandum of understanding (MoU) with the Nairobi Securities Exchange to explore tokenizing securities, building blockchain-based market infrastructure, and potentially using USDT as a settlement layer on the exchange.

The MoU is part of Tether's push beyond stablecoin issuance into regulated capital markets infrastructure. CEO Paolo Ardoino framed it as an evolution 'from crypto use cases to real-life applications and, ultimately, to cross-border institutional use cases.'

The NSE has been building toward a digital-assets and tokenization platform since joining the Hedera Governing Council in 2024.

The MoU covers several areas of collaboration, including a plan to build blockchain-based infrastructure for issuing and settling tokenized securities on the NSE using distributed ledger technology.