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OSL HK Lists USDKG, Kyrgyzstan-Issued Gold-Backed Stablecoin, on May 21

GateNews

2026-05-21 13:42:31

XAUUSD-0.84%

ETH-0.47%

TRX1.3%

On May 21, OSL HK, Hong Kong's licensed digital asset exchange, officially listed USDKG, a state-supervised gold-backed stablecoin issued by the Kyrgyz Republic. USDKG is pegged 1:1 to the U.S. Dollar and fully backed by physical gold reserves. The initial trading pair USDKG/USDT is now available to professional investors via OSL HK's over-the-counter platform. USDKG, deployed on Ethereum and TRON, carries an initial issuance of $50 million audited by Kreston Global and is supported by major wallets including Ledger Live, MetaMask, Trust Wallet, and TronLink.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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