The Nairobi Securities Exchange has a market capitalization of roughly $26.4 billion — the venue Tether and NSE will study for tokenized securities.
Securities tokenization would run through Tether's Hadron platform, with both sides assessing instant or atomic settlement mechanisms to shorten the current settlement cycle.
The MoU includes exploring whether USDT could serve as a digital settlement layer for the exchange — but only where permitted by Kenyan law.
No pilot date, budget or binding implementation schedule has been disclosed, and any USDT settlement use would need regulatory approval not yet sought.
Whether Kenyan regulators engage with the proposal, and whether Tether signs similar MoUs elsewhere in Africa — this is its third such move in July alone.
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