Overview

What is KESY? KESY is a Kenyan Shilling-pegged stablecoin issued by NHX Finance, designed to bring the stability of Kenya’s fiat currency into the global on-chain economy. Built on Hedera, KESY enables instant remittances, DeFi liquidity, and fractional access to NSE-listed assets—all while maintaining a 1:1 peg backed by Central Bank of Kenya Treasury bills. By combining regulatory compliance with blockchain efficiency, KESY unlocks Kenya’s $4 billion remittance market and empowers institutions and diaspora users with borderless, low-cost financial tools.

What is a KESY token? KESY is a Hedera-native token (HTS) that represents 1 Kenyan Shilling (KES) in digital form. Each token is fully backed by KES held in segregated reserves and invested in short-term CBK T-bills. Unlike volatile cryptocurrencies, KESY is engineered for price stability, with daily attestations ensuring the peg never breaks.

What to Know?

• KESY is institutional-first, with a minimum mint of KES 1 million for verified entities. Retail access via partner platforms is coming soon.

• 1 KESY = 1 KES — always. The peg is maintained through over-collateralized reserves (≥105%) and automated redemption mechanics.

• No mint/burn fees for institutions — you deposit KES 10,000,000 and receive 9,990,000 KESY (0.1% processing fee). Retail flows may include partner fees.

• Instant mint-to-treasury, atomic transfer — once reserves are allocated, tokens are minted and sent in a single Hedera transaction.

• You get economic exposure, not ownership — KESY holders benefit from stability and yield but do not gain voting rights in underlying T-bills.

• Fully DeFi-compatible — use KESY as collateral, in liquidity pools, or for cross-border payments without FX risk.