AirAsia MOVE has signed a Letter of Intent with Solana Foundation and Intebix to explore integrating the Kazakhstan tenge-backed stablecoin Evo (KZTE) into the AirAsia MOVE travel platform.
The initiative aims to let travelers in Kazakhstan potentially book flights and hotels using the stablecoin through the AirAsia MOVE ecosystem. The project will evaluate payment settlement systems, technical infrastructure, and compliance within Kazakhstan’s regulatory sandbox.
According to the announcement, Evo (KZTE) is a $SOL -based stablecoin pegged to the Kazakhstani tenge and was launched by Intebix with support from Mastercard and Eurasian Bank.
The partnership is still in the exploratory phase, but it highlights growing interest in using blockchain-based stablecoins for real-world travel payments and cross-border transactions.