Kyrgyzstan Gold-backed Stablecoin USDKG to Debut in Q3, 2025
Kyrgyzstan is preparing to introduce the USDKG Stablecoin this coming third quarter. This Stablecoin will carry a 1:1 ratio with the U.S. dollar. Its issuance rests on $500 million in gold reserves held by the Ministry of Finance. The Kyrgyzstan Stablecoin aims to streamline cross-border remittance flows worth nearly 30 percent of GDP. Officials expect … Read more
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