Tether has announced an agreement with the National Bank of Kazakhstan (NBK) to explore a stablecoin pegged to the tenge, the country’s national currency. The memorandum of understanding also includes the Alatau City Authority (ACA), which oversees regulation in the city of Alatau under its special legal regime. Tether, the NBK and the ACA will […]
Stablecoin giant Tether said on Monday it has helped US authorities freeze nearly $550 million in Iran-linked USDT so far this year. The company detailed two of those developments. The first, in April, locked more than $344 million in USDT across two TRON addresses. The company acted on information from the Treasury’s Office of Foreign […]