Kyrgyzstan has launched USDKG, a $50 million gold-backed stablecoin pegged to the U.S. dollar, marking a significant step towards modernizing its financial system and enhancing its position in global commerce. This initiative reflects the country’s hybrid approach to maintaining economic stability while embracing digital currency. By introducing USDKG, Kyrgyzstan aims to streamline cross-border payments and attract international business. The move underscores its ambition to play a vital role in the evolving digital economy.
