Kyrgyzstan Launches Gold-Backed, Dollar-Pegged Stablecoin: USDKG
The government of Kyrgyzstan has officially launched USDKG, a new stablecoin pegged to the U.S. dollar and backed by physical gold reserves. Key details of the launch: Issuer: OJSC “Issuer of Virtual Assets,” a fully state-owned company. Initial Minting: 50 million USDKG tokens were minted on the Tron blockchain, with each token equal to one … Read more