Tether signs an MOU with the Nairobi Securities Exchange to explore Hadron tokenized securities

Tether issued a statement on July 29, announcing that it has signed a Memorandum of Understanding (MOU) with the Nairobi Securities Exchange (NSE) in Kenya to explore potential use cases for tokenized securities, blockchain-based market infrastructure, and USDT as a settlement layer. The plan outlined in the MOU includes the possible issuance and trading of tokenized securities using Tether’s own Hadron tokenization platform.

Four Key Areas of the MOU: Hadron Tokenization, USDT Settlement, Instant Trading, and Digital Asset Education

According to Tether’s statement dated July 29, 2026, the MOU covers the following four core areas of exploration:

Tokenized Securities: Potentially using Tether’s Hadron tokenization platform to issue and trade tokenized securities on the Nairobi Securities Exchange platform

Blockchain Market Infrastructure: Exploring the construction of blockchain-based market infrastructure to improve trading efficiency

USDT Digital Settlement Layer: Assessing real-time settlement mechanisms and using USDT as a digital settlement infrastructure layer where permitted by Kenyan regulations

Digital Asset Education: Launching digital asset education programs in Kenya’s capital markets

RWA Market Background Data: On-Chain RWA Reaches $36.8 Billion

Based on market data from RWA.xyz, the current state of the tokenized RWA market is as follows: the on-chain value of tokenized RWA excluding stablecoins has grown to approximately $36.8 billion; RWA.xyz also tracks nearly $298.0 billion in stablecoins (some market participants treat them as RWA because they represent claims on off-chain reserve assets); USDT is the largest stablecoin by global market cap, with a market cap of approximately $184.0 billion.

FAQ

What are the core contents of the Tether–Nairobi Securities Exchange MOU?

According to Tether’s statement dated July 29, 2026, the MOU covers: the issuance and trading of tokenized securities using the Hadron platform; the development of blockchain-based market infrastructure; digital asset education; and a possible assessment of using USDT as a digital settlement infrastructure layer where permitted by Kenyan regulations.

What is USDT’s current market cap?

According to Tether’s statement, USDT is the largest stablecoin by global market cap, with a market cap of approximately $184.0 billion.

What is the current on-chain scale of the tokenized RWA market?

According to RWA.xyz data, the on-chain value of RWA tokenization excluding stablecoins has reached approximately $36.8 billion; RWA.xyz also tracks nearly $298.0 billion in stablecoins.