Backed by gold and issued by the Kyrgyz Republic stablecoin USDKG has been listed on OSL, one of Hong Kong’s leading regulated digital asset platforms. This gives USDKG access to one of the most reputable licensed virtual asset markets in the world.
USDKG, pegged 1:1 to the US dollar and fully backed by physical gold reserves, is now available to professional investors through OSL’s institutional trading and custody infrastructure. Trading is available through over-the-counter (OTC) access and a professional spot trading environment. The initial trading pair is USDKG/USDT.
OSL Hong Kong operates under Type 1 (securities trading) and Type 7 (automated trading services) licenses issued by the Securities and Futures Commission (SFC), making it one of the first licensed digital asset platforms in the region.
“Listing on OSL is a significant milestone for USDKG: we are entering one of the most reputable and highly regulated digital asset markets in the world. Hong Kong is rightfully considered the gold standard for regulation in this area, and our partnership with OSL reflects our focus on transparency, gold backing, and institutional-grade infrastructure,” says Biybolot Mamytov, CEO of Gold Dollar (USDKG).
USDKG is issued by a wholly state-owned company, Virtual Asset Issuer OJSC, ensuring a high level of trust and institutional reliability. Operational control, including gold management, is exercised by a private company registered in the Kyrgyz Republic under an agreement with the issuer. This separation of roles ensures the independence of operational control and prevents USDKG from being classified as a central bank digital currency.CBDC).
USDKG has a $50 million initial issue and is backed by physical gold reserves audited by Kreston Global. Steyblecoin implemented on blockchains Ethereum и TRON, and smart contracts have been audited by ConsenSys Diligence.
Token is already available on decentralized exchanges, including Curve and Uniswap, and is also supported by Ledger Live wallets, Dappradar, Trust Wallet and TronLink. Steyblecoin is fully compliant with FATF KYC/AML standards and is designed to promote financial inclusion and efficient cross-border transfers.
With this initiative, the Kyrgyz Republic continues to strengthen its position as a regional pioneer in the field of regulated asset-backed digital currencies, bridging traditional finance and Block-infrastructure while maintaining state oversight and transparency.
More information about USDKG and its support mechanisms can be found on the official website. www.usdkg.com
OSL website: https://www.osl.com/hk-en
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