Deep Tide TechFlow News, on June 9, according to Cointelegraph, the Kyrgyz Republic will launch the USDKG stablecoin in the third quarter of 2025. This currency is pegged to the US dollar at a 1:1 ratio and is backed by physical gold. The initial gold reserve is set at $300 million, with plans to expand it to $2 billion. This project is supported by the authorization of the Kyrgyz Ministry of Finance, financed through the purchase of gold from the National Bank. USDKG adopts an over-collateralization model to address fluctuations in gold prices, allowing holders to redeem physical gold, crypto assets, or fiat currency. The plan aims to improve the cross-border payment infrastructure in Central Asia and facilitate international trade, with independent third-party audits to ensure transparency in the future.