Kyrgyzstan Launches First National Stablecoin USDKG

Наталья Маркова Economy / Exclusive
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The first national stablecoin named USDKG has been officially approved in Kyrgyzstan.

According to information provided by the Financial Market Regulation and Supervision Service, the registration of the first issuance of this digital asset took place from October 27 to October 31, 2025.

The issuer of this stablecoin is the Joint Stock Company "Issuer of Virtual Assets," which was registered in December 2024 and re-registered in January 2025. This company focuses on software development.
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