Binance has signed two memorandums of understanding with Kazakhstan to deepen cooperation on digital finance, including exploration of a possible stablecoin (cryptocurrency designed to maintain a stable value). The agreements were reached on 4 September 2026 in Astana during a meeting between Binance founder Changpeng Zhao and Deputy Prime Minister Jaslan Madiev at the Alem.ai International AI Center. One memorandum with the Ministry of Artificial Intelligence and Digital Development covers digital assets, computing infrastructure, innovative payment solutions, tax and judicial approaches, and potential new products. The other, signed with the Astana International Financial Centre, concerns cooperation under the AIFC’s Investment Tax Residency Program. The agreements extend Binance’s work with Kazakhstan on crypto adoption, payments and government-backed digital-asset initiatives, including mining rules introduced in August to fund a central bank-backed crypto reserve, development of the digital tenge and the Alem crypto reserve launched in early 2026. Kazakhstan is also positioning itself as a regional digital-assets hub. The memorandums are nonbinding, no timeline was provided for a potential stablecoin, and the project remains exploratory rather than a completed product.