Tether signs tokenization deal with Nairobi Securities Exchange

CoinTelegraph·

Tether signs tokenization deal with Nairobi Securities Exchange

60-second summary

Tether signs a tokenization deal with the Nairobi Securities Exchange, covering tokenized securities, blockchain-based market infrastructure, and the potential use of USDT as a settlement layer. This partnership aims to increase market efficiency and accessibility, with Tether's USDT being used as a stablecoin for settlement purposes, expanding its reach in Africa's growing financial markets.

The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer.