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Kyrgyzstan plans to launch the USDKG stablecoin in the third quarter of 2025 (original)
It will be pegged to the US dollar and secured with gold by $500,000,000 from the Ministry of Finance of the country.
In the future, the volume of gold collateral is planned to be increased to $2,000,000,000.
Stablecoin is designed for cross-border transfers and international trade, especially in Central Asian countries, with subsequent expansion to Southeast Asia and the Middle East.
