Kyrgyzstan’s USDKG Shows How Gold-Backed Stablecoins Are Evolving

December 17, 2025

, By Cointelegraph

Kyrgyzstan’s USDKG Shows How Gold-Backed Stablecoins Are Evolving

Blockchain

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Key takeaways

Kyrgyzstan has launched USDKG, a USD-pegged stablecoin that the project says is backed by physical gold rather than cash and short-term US Treasurys.
The token was first deployed on Tron with a reported initial issuance of 50 million units, with plans to expand to Ethereum.
This article explains why gold-reserve narratives and state-linked structures can appeal in remittance-heavy emerging markets that still price in dollars.
It also lays out the key due diligence checks: reserve custody and attestations, redemption mechanics, admin…

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Cointelegraph

Kyrgyzstan’s USDKG Shows How Gold-Backed Stablecoins Are Evolving

December 17, 2025

, Published By Cointelegraph

Blockchain

Key takeaways

Kyrgyzstan has launched USDKG, a USD-pegged stablecoin that the project says is backed by physical gold rather than cash and short-term US Treasurys.
The token was first deployed on Tron with a reported initial issuance of 50 million units, with plans to expand to Ethereum.
This article explains why gold-reserve narratives and state-linked structures can appeal in remittance-heavy emerging markets that still price in dollars.
It also lays out the key due diligence checks: reserve custody and attestations, redemption mechanics, admin…

Source link