Kyrgyzstan plans to use USDKG, a gold-backed stablecoin, as legal tender to support financial modernization. The country saw crypto mining tax revenue …
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Finance
Kyrgyzstan’s Gold-Backed Dollar Pegged Stablecoin USDKG to Debut in Q3
by shayaanby shayaanCentral Asian country Kyrgyzstan plans to debut the Gold Dollar, or USDKG, the gold-backed stablecoin pegged 1:1 with the U.S. dollar in …
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Kyrgyzstan launched USDKG, a gold-backed stablecoin, shifting focus from central bank digital currency (CBDC) to asset-backed digital alternatives. USDKG aims to build …