Tether Signs Deal with Nairobi Securities Exchange for Tokenized Securities
Vexoda Newsroom
Tether and the Nairobi Securities Exchange have signed a deal to explore tokenization, blockchain infrastructure, and USDT as a settlement layer. This move could expand Tether's influence in Kenyan fi
On July 29, 2026, Tether announced it had signed a memorandum of understanding (MOU) with the Nairobi Securities Exchange to explore tokenized securities and blockchain-based market infrastructure. The agreement also includes potential uses for USDT as a settlement layer in Kenya.
Under this deal, both parties will work on digital asset education, real-world asset tokenization, and the issuance and trading of tokenized securities using Tether's Hadron platform. Additionally, they aim to assess instant settlement mechanisms that could be facilitated by USDT within Kenyan regulatory constraints.
The signing of this MOU is significant as it marks a step towards integrating traditional financial markets (TradFi) with decentralized finance (DeFi). Tokenized real-world assets (RWAs), which include claims on physical or legal assets, are gaining traction. According to RWA.xyz, the sector’s on-chain value has grown to approximately $36.8 billion, excluding stablecoins.
USDT stands out as a major player in this space with a market capitalization of around $184 billion and is considered one of the largest stablecoins globally. This deal could position Tether as an integral part of Kenya’s financial infrastructure, potentially expanding its reach beyond just digital assets to include traditional securities.
The broader implications are far-reaching. For Nairobi Securities Exchange, this partnership offers a pathway to modernize its trading platforms and attract new participants interested in tokenized assets. For Tether, it represents a strategic move into emerging markets where stablecoins can play a crucial role in financial inclusion and innovation.
Traders should monitor the progress of this collaboration closely as it could lead to significant changes in how securities are traded on both traditional and decentralized exchanges. Additionally, regulators and other market participants will be watching for any regulatory developments that might impact the use of USDT as a settlement layer.
Source: Cointelegraph. Summarized and rewritten by the Vexoda Newsroom. This is market news, not financial advice.