
Kyrgyz Republic Launches First Issuance of Gold-Backed Stablecoin USDKG
New York, NY – November 21, 2025 – (SeaPRwire) – The Kyrgyz Republic has officially launched the first issuance of its national stablecoin, USDKG, a digital token backed by physical gold and pegged to the US dollar. The launch ceremony took place at the Administration of the President of the Kyrgyz Republic and marks a significant milestone in the nation’s digital transformation and economic modernization. The event was attended by Sadyr Japarov, President of the Kyrgyz Republic; Almaz Baketaev, Minister of Finance of the Kyrgyz Republic; and Biibolot Mamytov, CEO of Gold Dollar. During the ceremony, the dignitaries pressed the symbolic “Launch Issuance” […]























