A golden stablecoin. With Gold which has reached historical heights at $ 3,500 per ounce (approximately 31.1g), the tokens backed by precious metal are also in great demand, such as the PAXG paxos or the Xaut Tether in particular. And a small novelty in the tokenization of golden metal will soon see the light of day, supported by an entire nation. This is theUSDKGwho will be a stablecoin based on the gold of Kyrgyzstan.
- Kyrgyzstan has announced the launch of a stablecoin backed by gold, the USDKG, scheduled for the third quarter of 2025.
- This stablecoin will be supported by $ 500 million in physical gold, in order to facilitate cross -border transfers and stabilize the local economy.
The Kyrgyzstanin Central Asia, announced the upcoming launch of a stablecoin who will be leaning et indexed to the US dollar. It is more precisely an advisor to this project, Gabriel Guerra, who announced the arrival of theUSDKG For the 3th 2025 quarter.
This stablecoin will be supported when it was launched by $ 500 million en or physiquecoming from the reserves of the Kyrgyzistan Ministry of Finance. The objective of the USDKG is facilitate transfers cross -borderwhich are essential in a country where funds represent a significant part of GDP.
The Kyrgyzstan Ministry of Finance provides expand gold reserves for its stablecoin to $ 2 billionwith independent audits to guarantee confidence and transparency.
Gold, a refuge value also for stablecoins?
Gold, long considered as a refugewill be used for collateralize Stablecoin, thus minimizing the risks linked to price fluctuations. Unlike other stables of gold such as the USDT or the PAXG mentioned in the introduction, the USDKG will therefore not follow gold prices.
It will be issued and bought on a basis 1 pour 1 With the US dollar. USDKG holders will however be able to Exchange their stables for physical goldagainst other crypto-active, or withdraw them in fiduciary currency. It offers a additional flexibility For users seeking to diversify their assets or perform international transactions.
« Le stablecoin [USDKG] Will be used for cross-border transactions and international trade, focusing on Central Asia first, and then extending to Southeast Asia and the Middle East. »»
Gabriel Guerra, advisor for the Stablecoin USDKG project
Kyrgyzistan joins the growing list of countries exploring all benefits et technological advances worn by the sector of Bitcoin and cryptocurrencies, To improve their financial system. Using gold as a guarantee, Kyrgyzistan relies on a refuge traditional to stabilize its cryptocurrency, while enjoying the flexibility and speed Offered by blockchains technology. Stablecoin USDKG could thus become a very precious tool for the country, facilitating cross -border transfers and strengthening the local economy.
