Defi
Kyrgyzstan Ends USDKG Stablecoin Project, Orders Liquidation
TokenPost·October 8, 2026·1 min read
Kyrgyzstan ended its USDKG stablecoin project and ordered liquidation. USDKG launched in November 2025 as a token reportedly backed by physical gold and pegged 1:1 to the U.S. dollar, with about 50 million tokens issued. The move marks a regulatory reversal.
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