Kyrgyzstan is set to launch its Gold Dollar (USDKG) stablecoin in Q3! Backed by $500M in gold, with plans to expand to $2B, it's designed for seamless cross-border transactions.
The USDKG will focus on Central Asia, then expand to Southeast Asia and the Middle East.
https://www.coindesk.com/m...
The USDKG will focus on Central Asia, then expand to Southeast Asia and the Middle East.
https://www.coindesk.com/m...

Gold News: Kyrgyzstan's Gold-Backed USD-Pegged Stablecoin USDKG to Debut in Q3
The stablecoin will be backed by $500 million in gold from the Kyrgyz Ministry of Finance, with plans to expand reserves to $2 billion.
https://www.coindesk.com/markets/2025/05/05/kyrgyzstan-s-gold-backed-dollar-pegged-stablecoin-usdkg-to-debut-in-q3
3 days ago