Wu Blockchain (@WuBlockchain): Kyrgyzstan plans to launch a gold-backed stablecoin pegged to the U.S. dollar — the “Gold Dollar” (USDKG) — in the third quarter. The stablecoin will…
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Kyrgyzstan plans to launch a gold-backed stablecoin pegged to the U.S. dollar — the “Gold Dollar” (USDKG) — in the third quarter. The stablecoin will be backed by $500 million worth of gold provided by the Kyrgyz Ministry of Finance, with plans to expand the reserves to $2…