Woofun AI reports that the Nairobi Securities Exchange has entered a strategic memorandum of understanding with Tether to investigate blockchain-based market infrastructure and the integration of USDT as a settlement layer. This collaboration specifically targets the deployment of the Hadron tokenization platform to facilitate the issuance and trading of tokenized securities.

The agreement, announced on Tuesday, mandates a comprehensive review of digital asset education and real-world asset tokenization protocols.

Structurally, the parties will assess instant settlement mechanisms and the viability of USDT as a digital settlement infrastructure layer, contingent upon compliance with Kenyan regulations. This framework aims to modernize local market operations through secure, blockchain-enabled clearing systems.

Per Woofun AI, the tokenized real-world assets (RWAs) sector has expanded to approximately $36.8 billion in onchain value, excluding stablecoins, according to RWA.xyz data. RWA.xyz separately tracks nearly $298 billion in stablecoins, which some market participants classify as RWAs due to their representation of claims on offchain reserve assets. This distinction highlights the growing convergence between traditional reserve-backed instruments and digital asset protocols.

USDT maintains its position as the world’s largest stablecoin with a market capitalization of roughly $184 billion. This partnership signals a critical step toward institutionalizing stablecoin utility in emerging markets. The move underscores the accelerating integration of digital settlement layers into regulated financial exchanges.