Gold News: Kyrgyzstan's Gold-Backed USD-Pegged Stablecoin USDKG to Debut in Q3

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.

Kyrgyzstan Announces Gold-Backed Stablecoin

The Ministry of Finance of Kyrgyzstan plans to issue a state-backed stablecoin in Q3 2025. The asset’s price will be pegged to the U.S. dollar and backed by part of... Сообщение Kyrgyzstan Plans to Launch Gold-Backed Stablecoin появились сначала на CoinsPaid Media.

Kyrgyzstan prepares to launch gold-backed dollar pegged stablecoin USDKG in Q3

News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.

The Asian country launches USDKG, a gold stablecoin, against El Salvador's bitcoin reserves, a sign of new money in a changing world. Read more

Kyrgyzstan plans to launch a gold-backed USDKG stablecoin pegged 1:1 to the US dollar in the third quarter. The stablecoin, which the Kyrgyz Ministry of Finance will back with $500 million worth of gold, will be used to fund foreign currency, particularly… Ministry of Finance’s...

Kyrgyzstan To Launch USDKG Stablecoin Backed By $500M In Gold

Kyrgyzstan plans $2 billion in gold-backed reserves for the USDKG stablecoin. USDKG focuses on cross-border transactions in Central Asia. USDKG stablecoin maintains a 1:1 peg to USD, ensuring price stability. Kyrgyzstan plans to launch a gold-backed USDKG stablecoin in Q3 of 2025. USDKG stablecoin will maintain a 1:1 peg to the U.S. dollar and be backed by $500 million in gold. The Kyrgyz Ministry of Finance has outlined plans to increase the go…