Get Started with KESY
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Africa's Inclusive Finance Bridge
Launch App
Unlock Stablecoin Yield and Seamless Interoperability with KESY
Navigating the Future of Global Business with Stability and Transparency
Stablecoin Earnings
KESY tokens are pioneering yield-bearing stablecoins in the Kenyan market, offering holders a unique investment opportunity.
Backed & Transparent
Fully backed by Kenyan Treasury Securities and are transparently audited by a third party.
Earn Yield on Your Stablecoin
Holding KESY tokens gives you access to a risk free yield from Kenyan Treasury Securities.
Empowering Businesses with Stability and Transparency
Embark on a journey of financial freedom and transparency with KESY. Unleash stability and earnings with one click.
1,8M+
KESY Minted
KES 600M+
Total Value Locked($600K+)
121K+
Total Holders
Start Minting KESY Today
Acquiring, using and earning from KESY is a simple 3 step process.
01
Mint KESY
Deposit KES into one of of bank accounts and mint KESY tokens to a whitelisted wallet after KYC and AML checks.
02
Use KESY
Purchase goods and services from merchants who accept KESY. Or pay employees in KESY.
03
Stake & Redeem KESY
Stake KESY tokens to earn yield from Kenyan Treasury Securities. Or redeem KESY tokens for KES straight to your bank account.
Nairobi Securities Exchange
Hedera DLT
Use Cases
Investors
Institutions or high-net-worth individuals minting ≥10,000 KESY on our platform earn a stable yield from Kenyan Treasury Securities, tailored to those seeking passive income in a regulated environment.
Institutions
KESY offers a locally pegged stablecoin for institutions to manage KES volatility, facilitate cross-border payments, and provide liquidity on exchanges or DeFi platforms like SaucerSwap
Markets
Individuals or smaller entities buying KESY on secondary markets (e.g., SaucerSwap) gain access to a liquid KES-pegged asset for trading or hedging, or arbitrage opportunities.
Don't see your use case? Reach out to us.
FAQs
What is KESY, and how does it work?
KESY is a stablecoin pegged 1:1 to the Kenyan Shilling (KES), issued by NHX Finance and backed by high-quality short-term Treasury bills and CMA-approved money market funds. Institutions can mint KESY with a minimum of KES 10 million, while users can acquire it on secondary markets or stake it in NHX Vaults for yield. The peg is maintained through daily reserve attestations, ensuring stability and compliance with the VASP Bill, 2025.
Who can use KESY?
KESY is primarily designed for institutions (e.g., banks, exchanges, fintechs) to mint for operational use, such as cross-border payments or liquidity provision. Additionally, institutional and individual investors holding ≥10,000 KESY can stake in NHX Vaults for yield. Secondary market traders can purchase KESY on platforms like SaucerSwap, subject to exchange policies.
How is KESY different from USDT or USDC?
Unlike USDT or USDC, which are pegged to the U.S. Dollar, KESY is pegged to the Kenyan Shilling, addressing local currency needs. It also offers a 30% yield distribution to stakers in NHX Vaults, unlike Tether and Circle, which retain all profits. KESY’s reserves are invested in Kenyan Treasury bills, regulated by the CMA and CBK.
How long does it take to mint KESY after depositing funds?
After depositing funds, there is a few verification days to verify funds and allocate reserves to Treasury bills, per VASP requirements. Once settled, KESY tokens are minted and transferred to your whitelisted wallet within 24 hours.
Latest Blogs
@your_javaguy
NHX Launches New Money Market Fund to Offer Yield on Stablecoins
August 20, 2025 • 3 min read
