Kyrgyzstan to Launch Gold-Backed, USD-Pegged Stablecoin USDKG by Q3 2025

Kyrgyzstan is set to debut a gold-backed stablecoin, USDKG, by the third quarter of 2025. Backed by the nation’s Ministry of Finance gold reserves and pegged 1:1 to the U.S. dollar, the initiative targets improving cross-border payments and trade in Central Asia, a region where remittances make up nearly 30% of Kyrgyzstan’s GDP. In its […] The post Kyrgyzstan to Launch Gold-Backed, USD-Pegged Stablecoin USDKG by Q3 2025 appeared first on Coin Edition.