Kyrgyzstan to Launch Gold-Backed Stablecoin USDKG
Kyrgyzstan has announced the launch of the gold-backed stablecoin USDKG in the third quarter of 2025. This was revealed by project advisor Gabriel Guerra at the Token2049 conference, reports CoinDesk. The coin will be pegged to the US dollar at a 1:1 ratio and backed by Kyrgyzstan’s Ministry of Finance’s gold reserves worth $500 million. […]