Tether's robust Q2 profit and increased gold reserves highlight its strategic resilience, potentially strengthening its market dominance and stability. Tether reports $1.5 billion Q2 profit and boosts gold reserves.
The Nairobi Securities Exchange and Tether signed a memorandum of understanding to advance digital asset adoption, blockchain infrastructure and investor education in Kenya.
The Nairobi Securities Exchange is testing how blockchain can improve market access, settlement, and investor participation.
Tether and the Nairobi Securities Exchange will explore tokenized securities, instant settlement, investor education and possible USDT use.
The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer.
Tether said that it signed a Memorandum of Understanding with the Nairobi Securities Exchange to explore digital-asset education, tokenization and market infrastructure. The partnership puts investor training at the front of the initiative, with proposed workshops and structured programs aimed at NSE-listed brokers and retail investor groups.
This partnership could accelerate blockchain adoption in Africa, enhancing financial inclusion and modernizing market infrastructure across the continent. Tether signs MoU with Nairobi Securities Exchange to explore digital assets in Africa.
USAT went from $22 million to $140.8 million in a single month, the fastest growth of any regulated dollar token this year. In the same window, its offshore parent shed roughly six billion.
Tether's gold-backed token XAUt has received Sharia certification, a step the issuer says opens new pathways for Islamic banks, institutions, and individuals to hold tokenized gold. The XAUt Sharia certification frames the asset as compliant with Islamic finance principles, rather than marking a new product launch.
Tether's gold-backed token XAUt receives official Shariah compliance certification.
The certification could expand access to Tether's gold-backed token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold.
Tether's QVAC SDK 0.16 fosters decentralized AI development, enhancing privacy and autonomy in robotics and multimedia applications. Tether AI releases QVAC SDK 0.16 with image generation, robotics, and video features.