Tether and the Nairobi Securities Exchange signed a memorandum of understanding on July 28 to explore tokenized securities, blockchain‑based market infrastructure and digital asset education in Kenya.

Kenya’s Virtual Asset Service Providers Act, effective November 4, 2025, assigns tokenization oversight to the Capital Markets Authority and stablecoin issuance supervision to the Central Bank of Kenya, requiring licensing, anti‑money‑laundering controls and technology safeguards.

The agreement outlines a framework for examining fractional access to securities for local and diaspora investors, onboarding processes aligned with Kenyan AML and KYC rules, and instant settlement using Tether’s Hadron platform. The parties said they will assess whether USDT could serve as a settlement layer where regulations permit. Training sessions and workshops for brokers and retail investors are also planned. No specific securities, blockchain, custodial arrangements or pilot timeline were disclosed.

Regulatory approval and technical specifications will determine the next steps, and the MoU does not constitute a commitment to launch a product or settle transactions in USDT.