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

coindesk.com/markets/2025/05/05/kyrgyzstan-s-gold-backed-dollar-pegged-stablecoin-usdkg-to-debut-in-q3

Central Asian country Kyrgyzstan plans to debut the Gold Dollar, or USDKG, the gold-backed stablecoin pegged 1:1 with the U.S. dollar in the third quarter, project's advisor Gabriel Guerra told CoinDesk at the Token2049 conference in Dubai.
The stablecoin, backed by $500 million in gold…

This story appeared on coindesk.com, 2025-05-05 06:39:36.
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