CoinVoice has learned that, according to Cointelegraph, Uzbekistan's national payment system HUMO has announced the issuance of crypto tokens backed by government bonds through its subsidiary HUMO Digital.
The token has been registered in the unified electronic cryptographic asset registration system maintained by the National Project Agency of Uzbekistan (NAPP), supervised by the Asterium crypto custodial institution for the collateral and safe custody of the token.
The HUMO token provides instant automatic fiat currency conversion, no intermediary delays, lower transaction costs, and blockchain-based complete transparency and security. As a national payment system with over 35 million cards issued, HUMO aims to attract foreign investment, simplify business payments, and enhance financial transparency through this project.
The system has established direct relationships with global payment systems such as Visa, MasterCard, and UnionPay, and is actively expanding its integration with multiple countries, including Georgia and Kazakhstan. [Original link]