Tether and the Central Bank of Kazakhstan have signed a memorandum of understanding to explore a stablecoin and asset tokenization framework based on the tenge.
At the opening of the US stock market, all cryptocurrency concept stocks fell, with BitMine (BMNR) down 5.04%, SharpLink (SBET) down 4.78%, American Bitcoin (ABTC) down 4.62%, Circle (CRCL) down 4.58%, Strategy (MSTR) down 4.48%, Robinhood (HOOD) down 2.99%, Coinbase (COIN) down 2.95%.
The US stock market opened lower, with the Dow Jones Industrial Average falling 339 points, the Nasdaq falling 168 points, and the S&P 500 index falling 0.44%.