{"id":23936,"date":"2025-05-13T14:43:55","date_gmt":"2025-05-13T11:43:55","guid":{"rendered":"https:\/\/forklog.com\/en\/uzbekistan-to-launch-humo-stablecoin-backed-by-government-bonds\/"},"modified":"2025-05-13T14:43:55","modified_gmt":"2025-05-13T11:43:55","slug":"uzbekistan-to-launch-humo-stablecoin-backed-by-government-bonds","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/uzbekistan-to-launch-humo-stablecoin-backed-by-government-bonds\/","title":{"rendered":"Uzbekistan to Launch HUMO Stablecoin Backed by Government Bonds"},"content":{"rendered":"<p>Uzbekistan is set to launch a pilot version of the HUMO stablecoin, backed by government bonds, according to a representative from the eponymous payment system, as reported by ForkLog.<\/p>\n<p>The project is part of a strategy to integrate blockchain technology into the country&#8217;s financial infrastructure. HUMO emphasized that the initiative fully complies with Uzbekistan&#8217;s current crypto regulations.<\/p>\n<p>The technical implementation will be handled by local crypto provider Asterium and vendor Broxus. HUMO will serve as the foundation for the token&#8217;s deployment. Its infrastructure encompasses 35 million users, which &#8220;will simplify mass adoption,&#8221; according to the statement.<\/p>\n<p>The token will operate in two blockchain environments: Ethereum Virtual Machine and TON Virtual Machine, ensuring compatibility with a wide range of smart contracts.<\/p>\n<p>In the future, the platform created under this project could become a base for developing new digital services in Uzbekistan.<\/p>\n<p>In the country, <a href=\"https:\/\/forklog.com\/en\/news\/uzbekistan-enacts-penalties-for-illegal-cryptocurrency-activities\">the illegal acquisition, sale, or exchange of cryptocurrencies is prohibited<\/a>.<\/p>\n<p>Since May 2024, Uzbekistan has implemented an <a href=\"https:\/\/forklog.com\/en\/news\/uzbekistan-revises-licensing-procedures-for-bitcoin-exchanges\">updated licensing procedure<\/a> for bitcoin exchanges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uzbekistan is set to launch a pilot version of the HUMO stablecoin, backed by government bonds, according to a representative from the eponymous payment system, as reported by ForkLog. The project is part of a strategy to integrate blockchain technology into the country&#8217;s financial infrastructure. HUMO emphasized that the initiative fully complies with Uzbekistan&#8217;s current [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[596,1206],"class_list":["post-23936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-tokens","tag-uzbekistan"],"aioseo_notices":[],"amp_enabled":true,"views":"106","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23936"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23935"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}