Changpeng Zhao Says Kyrgyzstan Has Launched BNB Chain-Based 'National Stablecoin,' Multi-Asset Crypto Reserve

Changpeng Zhao Says Kyrgyzstan Has Launched BNB Chain-Based 'National Stablecoin,' Multi-Asset Crypto Reserve

Kyrgyzstan has launched a national stablecoin based on the BNB Chain (CRYPTO: BNB), Binance co-founder Changpeng "CZ" Zhao confirmed on Saturday. BNB-Powered National Token CZ took to X, sharing details from his recent trip to Kyrgyzstan, where he also met with President Sadyr Zhaparov. Apart from the national stablecoin, which will be pegged to the national currency, the Kyrgyzstani Som, the Central Asian nation is preparing to roll out a centr…

Kyrgyzstan Taps Binance to Launch a National Stablecoin

Quick take: Zhao said on Saturday that the Kyrgyz national stablecoin had launched on the BNB Chain. According to CZ, the digital version of Kyrgyzstan’s currency, the som, is now ready for use in government payments. The stablecoin is backed by a national cryptocurrency reserve, which includes Binance’s BNB token. The government of Kyrgyzstan has partnered with Binance to launch a National stablecoin. Binance founder Changpeng Zhao announced o…

KGST Launches as Kyrgyzstan Preps Digital Som Pilot

Kyrgyzstan has launched KGST, a stablecoin pegged to its national currency, built on the BNB Chain to support local and global crypto use.

Kyrgyzstan Launches National Stablecoin on Binance’s BNB Chain

Kyrgyzstan launches a som-pegged national stablecoin and plans a CBDC on BNB Chain. The country adds BNB to its national crypto reserve as CZ joins its blockchain council.