Kyrgyzstan to launch USDKG gold-backed USD stablecoin, with $2B reserve goal
Kyrgyzstan has announced its plans to launch USDKG, a gold-backed stablecoin pegged to the U.S. dollar. The project will initially be backed by $500M in gold reserves. During the 2025 Token2049, it was revealed that Kyrgyzstan will be launching a stablecoin pegged to the U.S. dollar but backed by gold reserves of up to $500M. […]
https://www.cryptopolitan.com/kyrgyzstan-to-launch-gold-usdkg-stablecoin/