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