{"id":35369,"date":"2025-09-24T10:40:30","date_gmt":"2025-09-24T10:40:30","guid":{"rendered":"https:\/\/dev.tradesilvania.com\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/"},"modified":"2025-09-24T10:40:30","modified_gmt":"2025-09-24T10:40:30","slug":"kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana","status":"publish","type":"post","link":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/","title":{"rendered":"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana"},"content":{"rendered":"

\n \"Kazakhstan\n <\/p>\n

Kazakhstan has launched its first tenge-backed stablecoin, named KZTE<\/strong>, on the Solana<\/strong> blockchain, in partnership with Intebix<\/strong>, Eurasian Bank<\/strong>, and Mastercard<\/strong>. The project marks the start of a pilot phase and represents a significant step in the country\u2019s strategy to integrate into the global digital economy.<\/p>\n

KZTE originates from a regulatory sandbox created by the National Bank of Kazakhstan to test the potential of a tenge-based digital asset. The stablecoin will enable faster domestic and cross-border payments, crypto-to-fiat transactions, and integration with international issuers through Mastercard.<\/p>\n

Kazakhstan has made significant progress in adopting blockchain technologies. In September, the country passed a digital assets law that includes the creation of a state-managed national reserve. Kazakhstan is also one of the world\u2019s leading Bitcoin mining hubs due to its low energy costs.<\/p>\n

The launch of KZTE comes amid a dynamic regional context, following Kyrgyzstan<\/strong>\u2019s issuance of a ruble-backed stablecoin in 2024. With this project, Kazakhstan joins the list of countries using sovereign stablecoins as tools for financial modernization and economic strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"

Kazakhstan has launched its first tenge-backed stablecoin, named KZTE, on the Solana blockchain, in partnership with Intebix, Eurasian Bank, and Mastercard. The project marks the start of a pilot phase and represents a significant step in the country\u2019s strategy to integrate into the global digital economy.<\/p>\n

KZTE originates from<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[99,98],"class_list":["post-35369","post","type-post","status-publish","format-standard","hentry","category-news","tag-en","tag-news"],"acf":[],"yoast_head":"\nKazakhstan launches KZTE, its first tenge-backed stablecoin on Solana<\/title>\n<meta name=\"description\" content=\"KZTE, Kazakhstan's first stablecoin, brings stablecoin to the digital economy and positions stablecoin as a key financial tool.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana\" \/>\n<meta property=\"og:description\" content=\"KZTE, Kazakhstan's first stablecoin, brings stablecoin to the digital economy and positions stablecoin as a key financial tool.\" \/>\n<meta property=\"og:site_name\" content=\"Tradesilvania\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-24T10:40:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg\" \/>\n<meta name=\"author\" content=\"Ciprian Dobrescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ciprian Dobrescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/\"},\"author\":{\"name\":\"Ciprian Dobrescu\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#\/schema\/person\/8b618e5f08987bd1790437e243343e0e\"},\"headline\":\"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana\",\"datePublished\":\"2025-09-24T10:40:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/\"},\"wordCount\":180,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg\",\"keywords\":[\"en\",\"News\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/\",\"url\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/\",\"name\":\"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana\",\"isPartOf\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg\",\"datePublished\":\"2025-09-24T10:40:30+00:00\",\"description\":\"KZTE, Kazakhstan's first stablecoin, brings stablecoin to the digital economy and positions stablecoin as a key financial tool.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#primaryimage\",\"url\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg\",\"contentUrl\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.tradesilvania.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#website\",\"url\":\"https:\/\/www.tradesilvania.com\/en\/\",\"name\":\"Tradesilvania\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.tradesilvania.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#organization\",\"name\":\"Tradesilvania\",\"url\":\"https:\/\/www.tradesilvania.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/09\/logo.svg.png\",\"contentUrl\":\"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/09\/logo.svg.png\",\"width\":1023,\"height\":138,\"caption\":\"Tradesilvania\"},\"image\":{\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.tradesilvania.com\/en\/#\/schema\/person\/8b618e5f08987bd1790437e243343e0e\",\"name\":\"Ciprian Dobrescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g\",\"caption\":\"Ciprian Dobrescu\"},\"url\":\"https:\/\/www.tradesilvania.com\/en\/author\/ciprian\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana","description":"KZTE, Kazakhstan's first stablecoin, brings stablecoin to the digital economy and positions stablecoin as a key financial tool.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/","og_locale":"en_US","og_type":"article","og_title":"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana","og_description":"KZTE, Kazakhstan's first stablecoin, brings stablecoin to the digital economy and positions stablecoin as a key financial tool.","og_site_name":"Tradesilvania","article_published_time":"2025-09-24T10:40:30+00:00","og_image":[{"url":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg","type":"","width":"","height":""}],"author":"Ciprian Dobrescu","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ciprian Dobrescu","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#article","isPartOf":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/"},"author":{"name":"Ciprian Dobrescu","@id":"https:\/\/www.tradesilvania.com\/en\/#\/schema\/person\/8b618e5f08987bd1790437e243343e0e"},"headline":"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana","datePublished":"2025-09-24T10:40:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/"},"wordCount":180,"commentCount":0,"publisher":{"@id":"https:\/\/www.tradesilvania.com\/en\/#organization"},"image":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#primaryimage"},"thumbnailUrl":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg","keywords":["en","News"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/","url":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/","name":"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana","isPartOf":{"@id":"https:\/\/www.tradesilvania.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#primaryimage"},"image":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#primaryimage"},"thumbnailUrl":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg","datePublished":"2025-09-24T10:40:30+00:00","description":"KZTE, Kazakhstan's first stablecoin, brings stablecoin to the digital economy and positions stablecoin as a key financial tool.","breadcrumb":{"@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#primaryimage","url":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg","contentUrl":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/12\/Kazakhstan-launches-KZTE-its-first-tenge-backed-stablecoin-on-Solana-1.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.tradesilvania.com\/en\/news\/kazakhstan-launches-kzte-its-first-tenge-backed-stablecoin-on-solana\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.tradesilvania.com\/en\/"},{"@type":"ListItem","position":2,"name":"Kazakhstan launches KZTE, its first tenge-backed stablecoin on Solana"}]},{"@type":"WebSite","@id":"https:\/\/www.tradesilvania.com\/en\/#website","url":"https:\/\/www.tradesilvania.com\/en\/","name":"Tradesilvania","description":"","publisher":{"@id":"https:\/\/www.tradesilvania.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.tradesilvania.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.tradesilvania.com\/en\/#organization","name":"Tradesilvania","url":"https:\/\/www.tradesilvania.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.tradesilvania.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/09\/logo.svg.png","contentUrl":"https:\/\/www.tradesilvania.com\/wp-content\/uploads\/2025\/09\/logo.svg.png","width":1023,"height":138,"caption":"Tradesilvania"},"image":{"@id":"https:\/\/www.tradesilvania.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.tradesilvania.com\/en\/#\/schema\/person\/8b618e5f08987bd1790437e243343e0e","name":"Ciprian Dobrescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c9d4a0036c29f1993936138cf5d96dd56bbdb88e32e9bcda4c184bc1b2579e18?s=96&d=mm&r=g","caption":"Ciprian Dobrescu"},"url":"https:\/\/www.tradesilvania.com\/en\/author\/ciprian\/"}]}},"_links":{"self":[{"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/posts\/35369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/comments?post=35369"}],"version-history":[{"count":0,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/posts\/35369\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/media?parent=35369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/categories?post=35369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tradesilvania.com\/en\/wp-json\/wp\/v2\/tags?post=35369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}