Kyrgyzstan to Launch Gold-Backed Stablecoin Backed by $500M in Reserves
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Kyrgyzstan is set to launch a new gold-backed stablecoin called the “Gold Dollar” (USDKG) in the third quarter of 2025. Pegged to the U.S. dollar, the stablecoin will be supported by $500 million worth of gold from the country’s Ministry of Finance. The government also plans to increase the gold reserves behind USDKG to $2 billion. This move marks a major step in Kyrgyzstan’s push to blend traditional wealth with digital finance through blockchain technology.
Can Pepe or Pepeto make x100 after the drama, best time to buy Pepe now?
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Key Crypto Events You Can’t Miss This Week: Will BTC Dip?
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Warren Buffett’s Exit Plan: Scaramucci Reveals Key Takeaways from Berkshire Hathaway Meeting
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