Kyrgyzstan officially launched a gold-backed stablecoin
PositiveCryptocurrency

- Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the USD, with an initial issuance of $50 million. USDKG is built on the Tron blockchain and has been audited by ConsenSys Diligence.
- This development signifies Kyrgyzstan's entry into the cryptocurrency market, potentially enhancing its financial ecosystem and attracting investment, while also providing a stable digital asset option for users amid global economic fluctuations.
— via World Pulse Now AI Editorial System