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777 Kyrgyzstan's Gold-Backed Dollar Pegged Stablecoin USDKG to Debut in Q3

CoinDesk
Omkar Godbole @ CoinDesk · 05/05/2025 02:39 EDT

Kyrgyzstan's Gold-Backed Dollar 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.

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