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Kyrgyzstan has launched USDKG, a gold-backed stablecoin pegged 1:1 to the USD with an initial issuance of $50 million. The stablecoin is built on the Tron blockchain, audited by ConsenSys Diligence, and issued by a state-owned company. The project aims to expand its gold reserves to $500 million and eventually $2 billion, promoting financial inclusion and transparency in Central Asia.
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