Gold-backed stablecoin USDKG lists on OSL, enters Hong Kong’s regulated crypto market
The gold-backed stablecoin USDKG has been listed on OSL, a licensed exchange in Hong Kong. This marks its entry into a major regulated Asian market with an initial issuance of $50 million. USDKG is unique as it is backed by physical gold reserves rather than traditional cash equivalents.
- ▪USDKG is a stablecoin issued by a Kyrgyzstan state-owned entity and pegged to the US dollar.
- ▪The token is backed by physical gold reserves, confirmed by an independent audit.
- ▪It targets institutional investors for cross-border payments and remittances.
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Gold-backed stablecoin USDKG lists on OSL, enters Hong Kong’s regulated crypto market Kyrgyzstan's state-issued, gold-backed stablecoin lands on one of Hong Kong's licensed exchanges, targeting institutional cross-border payments with a $50M initial issuance. Share Add us on Google by Editorial Team May. 21, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); A stablecoin backed by physical gold and issued by a Kyrgyzstan state-owned…
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