🚀 Kazakhstan launches its first tenge-backed stablecoin on Solana! Today, the The National Bank of Kazakhstan @nationalbank_kz announced the start of a pilot project to issue a tenge-backed stablecoin (KZTE) within its regulatory sandbox. The issuer is @Intebix (a licensed digital asset exchange at AIFC), in partnership with @solana, @Mastercard, and Eurasian Bank. What this means for the ecosystem: The tenge is now on blockchain - a real asset in digital form. Seamless exchange between crypto and KZTE, with settlement via crypto cards. A new step in the National Bank’s strategy to grow Kazakhstan’s digital asset ecosystem. 🌍 Kazakhstan joins the global stablecoin race - and does it on Solana, the world’s fastest and most energy-efficient blockchain.