Kyrgyz Republic Launches First Issuance of Gold-Backed Stablecoin USDKG
New York, NY – 23/11/2025 – (SeaPRwire) – The Kyrgyz Republic has officially launched the first issuance of its national stablecoin, USDKG, a digital token backed by physical gold and pegged to the US dollar. The launch ceremony took place at the Administration of the President of the Kyrgyz Republic and marks a significant milestone in the nation’s digital transformation and economic modernization. The event was attended by Sadyr Japarov, President of the Kyrgyz Republic; Almaz Baketaev, Minister of Finance
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