{"id":16780,"date":"2025-11-27T14:23:09","date_gmt":"2025-11-27T14:23:09","guid":{"rendered":"https:\/\/bitunikey.com\/news\/kyrgyzstan-officially-launched-a-gold-backed-stablecoin\/"},"modified":"2025-11-27T14:23:13","modified_gmt":"2025-11-27T14:23:13","slug":"kyrgyzstan-officially-launched-a-gold-backed-stablecoin","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/kyrgyzstan-officially-launched-a-gold-backed-stablecoin\/","title":{"rendered":"Kyrgyzstan officially launched a gold-backed stablecoin"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the USD, with an initial issuance of $50 million, according to PR shared with crypto.news.<\/p>\n<div id=\"cn-block-summary-block_f5a108eb4efc005c0d2a2dce82b37102\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>USDKG is pegged 1:1 to the U.S. dollar and fully backed by gold reserves.<\/li>\n<li>State-owned issuer aims to expand reserves to $500 million and later $2 billion.<\/li>\n<li>The project marks Central Asia\u2019s first state-supervised, gold-backed digital currency.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>USDKG is built on the Tron blockchain and audited by ConsenSys Diligence, with future support planned for Ethereum.<\/p>\n<p>Tokens are issued by a state-owned company under the Ministry of Finance, OJSC Virtual Asset Issuer. However, it\u2019s not a CBDC. Officials say the move represents a first for Central Asia \u2014 merging government oversight with blockchain transparency.<\/p>\n<p>As stated, he project is fully compliant with international anti-money laundering and know-your-customer standards, and each USDKG \u201cfully backed by physical gold reserves.\u201d<\/p>\n<p>The stablecoin\u2019s backers plan to expand its gold reserves to $500 million, with a long-term goal of $2 billion. Authorities say USDKG is designed to improve financial inclusion and payment efficiency while maintaining full transparency.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Kyrgyzstan is one of the first countries in the region to establish a comprehensive digital-asset regulatory framework.<\/p>\n<p>In September, the Kyrgyz Parliament adopted a set of amendments to its \u201cOn Virtual Assets\u201d law in three readings. Economy Minister Bakyt Sydykov introduced the bill.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the USD, with an initial issuance of $50 million, according to PR shared with crypto.news. Summary USDKG is pegged&hellip;<\/p>\n","protected":false},"author":1,"featured_media":16781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=16780"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16780\/revisions"}],"predecessor-version":[{"id":16782,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16780\/revisions\/16782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/16781"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=16780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=16780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=16780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}