Kyrgyzstan to Launch Gold-Backed Stablecoin Backed by $500M in Reserves
The post Kyrgyzstan to Launch Gold-Backed Stablecoin Backed by $500M in Reserves appeared first on Coinpedia Fintech News
Kyrgyzstan is set to launch a new gold-backed stablecoin called the “Gold Dollar” (USDKG) in the third quarter of 2025. Pegged to the U.S. dollar, the stablecoin will be supported by $500 million worth of gold from the country’s Ministry of Finance. The government also plans to increase the gold reserves behind USDKG to $2 billion. This move marks a major step in Kyrgyzstan’s push to blend traditional wealth with digital finance through blockchain technology.
Dogecoin (DOGE) Sees Increased Trading Volumes, But Ruvi AI (RUVI) Is Expected to Reach $1.50 and Deliver 21,000% Returns
The post Dogecoin (DOGE) Sees Increased Trading Volumes, But Ruvi AI (RUVI) Is Expected to Reach $1....
Cedar Is Coming to Solana, And It Might Change Everything
The post Cedar Is Coming to Solana, And It Might Change Everything appeared first on Coinpedia Finte...
Whales Turn Bullish on Ethereum Ahead of Pectra Upgrade—Will ETH Price Hit $2200?
The post Whales Turn Bullish on Ethereum Ahead of Pectra Upgrade—Will ETH Price Hit $2200? appeared ...