{"id":8780,"date":"2025-09-11T11:04:46","date_gmt":"2025-09-11T06:04:46","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/in-uzbekistan-stablecoins-and-securities-tokenisation-are-currently-being-tested\/"},"modified":"2025-09-11T11:04:46","modified_gmt":"2025-09-11T06:04:46","slug":"in-uzbekistan-stablecoins-and-securities-tokenisation-are-currently-being-tested","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/in-uzbekistan-stablecoins-and-securities-tokenisation-are-currently-being-tested\/","title":{"rendered":"In Uzbekistan, stablecoins and securities tokenisation are currently being tested"},"content":{"rendered":"<p><strong>Why is this important<\/strong><\/p>\n<p>These are the initial steps towards integrating digital assets into payments and the capital market in Uzbekistan. The solution will enable testing new technologies and establishing a foundation for their expansion. <\/p>\n<p><strong>What happened<\/strong><\/p>\n<ul>\n<li>A fintech office is being set up by the Central Bank to oversee projects.<\/li>\n<li>The NAPP and the Central Bank will approve stablecoins as a means of settlement.<\/li>\n<li>Simultaneously, projects for the tokenization of securities will be launched.<\/li>\n<\/ul>\n<p><strong>Context<\/strong><\/p>\n<p>In July, the <strong>Humo<\/strong> payment system piloted the issuance of tokens backed by Uzbek government bonds. The instrument is positioned as a universal mechanism for cross-border settlements, including transactions with Russian companies. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The President directed the Central Bank and the NAPP to initiate pilot projects. for using stablecoins in settlements and for the tokenisation of<\/p>\n","protected":false},"author":4,"featured_media":8619,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_sharing_image":[],"_sharing_image_fieldset":[],"pin_until":"","footnotes":""},"categories":[2061],"tags":[2081,2473,2474,2124,2201,2475,2476],"class_list":["post-8780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-cb","tag-crypto","tag-cryptocurrencies","tag-fintech","tag-napp-en","tag-stablecoins","tag-tokens"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>In Uzbekistan, stablecoins and securities tokenisation are currently being tested &#8212; 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