Gold USDK Gold (USDKG) Fully Collateralized with 376 kg of Gold Verified by Third-Party Audit

【Crypto World】Kyrgyzstan’s stablecoin Gold USD (USDKG) has just passed a third-party audit verification. What was the core focus of this audit? Simply put—30 gold bars are laid out there, weighing a total of 376 kilograms, with a market value of $50.3 million, fully backing the initial issuance of 50 million USDKG tokens.

The auditing agency didn’t just take a quick look. They did three things: first, an on-site inspection of the gold bars themselves; second, a thorough cross-check of the relevant certificates and documents; third, verification of the smart contract wallets on the blockchain. This comprehensive approach finally brings real transparency to this digital asset backed by gold.

In simple terms, this is a demonstration case of commodity-backed stablecoins—digital assets linked to real-world assets, with each token backed by actual gold, and the entire process recorded on the blockchain for verification. In an era where stablecoins are everywhere, such transparent and verifiable collateral mechanisms are indeed worth paying attention to.