Kyrgyzstan has confirmed the launch of a national stablecoin on BNB Chain and outlined plans for a central bank digital currency supported by a crypto reserve that may include BNB. The KGST stablecoin, pegged to the Kyrgyzstani som, will operate on BNB Chain infrastructure, with former Binance CEO Changpeng Zhao serving as a financial adviser to the government. BNB is currently trading around $1,119, consolidating above the 20-day moving average.