Kyrgyzstan Launches $50M Gold-backed USDKG Stablecoin to Modernize Cross-border Payments

Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the U.S. dollar, with an initial issue of $50 million. The token is issued on Tron and fully audited by ConsenSys Diligence, with future expansion slated to include Ethereum support. The issuer, OJSC Virtual Asset Issuer, is a state-owned entity under the Ministry of The post Kyrgyzstan Launches $50M Gold-backed USDKG Stablecoin to Modernize Cross-border Payments appeared first on BeInCrypto.