Kyrgyzstan Launches KGST Stablecoin on BNB Chain, Sets CBDC Pilot and Crypto Reserve Plan

Kyrgyzstan launched the KGST stablecoin, pegged 1:1 to the Kyrgyzstani som, and placed it on the BNB Chain. The announcement followed a meeting of the National Council for the Development of Virtual Assets and Blockchain Technologies with President Sadyr Japarov and Changpeng “CZ” Zhao present. The Kyrgyzstan stablecoin starts as part of a broader plan […]

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