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An agreement between Tether and the Nairobi Securities Exchange covers tokenized securities, blockchain-based market infrastructure, and the potential use of USDT as a settlement layer.
The settlement function is flagged as potential in the deal terms, not contracted. No financial terms, timelines, or named signatories were disclosed in the source. What the deal covers Three areas fall within the scope.
Tokenized securities represent existing financial instruments digitized and recorded on a blockchain.
Blockchain-based market infrastructure is the second element: the systems on which those instruments would be issued and traded.
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