Kyrgyzstan has entered the global stablecoin race with the launch of USDKG, a gold-backed digital currency. The token is live on the Tron blockchain and is backed by real gold, with plans to grow reserves to $500 million, aiming to make cross-border payments faster and cheaper.
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Kyrgyzstan Launches Gold-Backed USDKG Stablecoin On Tron, Targets $500M Reserves
Kyrgyzstan has entered the global stablecoin race with the launch of USDKG, a gold-backed digital currency. The token is live on the Tron blockchain and is backed by real gold, with plans to grow reserves to $500 million, aiming to make cross-border payments faster and cheaper.