USDKG: Kyrgyzstan's gold-backed, USD-pegged stablecoin issues 50 million on Tron
Kyrgyzstan introduced USDKG, a USD-pegged stablecoin the project says is backed by physical gold, with an initial 50 million tokens issued on Tron and plans to support Ethereum. Launch materials describe an issuer with 100% state participation and operations run by a local private firm. Next, independent reserve attestations, clear redemption and real-world liquidity will determine credibility.