Kazakhstan takes a bold step by placing its national treasury on the blockchain, aiming to become the "Digital Silk Road" hub. The central bank has approved a pilot project that will tokenize its reserves of actual gold, issue a national digital tenge $PLAY stablecoin$ZBT , and implement a unified payment system via QR code nationwide by early 2026. The country has already increased its gold reserves by 32 tons, worth nearly $10 billion, just as gold prices reach record levels. This plan reflects a broader push to modernize the financial system by balancing traditional gold holdings with digital assets, potentially positioning Kazakhstan as a leading center for blockchain payments and programmable finance in Eurasia.
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Kazakhstan takes a bold step by placing its national treasury on the blockchain, aiming to become the "Digital Silk Road" hub. The central bank has approved a pilot project that will tokenize its reserves of actual gold, issue a national digital tenge $PLAY stablecoin$ZBT , and implement a unified payment system via QR code nationwide by early 2026. The country has already increased its gold reserves by 32 tons, worth nearly $10 billion, just as gold prices reach record levels. This plan reflects a broader push to modernize the financial system by balancing traditional gold holdings with digital assets, potentially positioning Kazakhstan as a leading center for blockchain payments and programmable finance in Eurasia.