The listing procedure involves adding the token to the list of assets available for trading on a specific platform, such as an exchange.
HTX is one of the leading crypto platforms in the world, serving approximately 55 million users and offering various financial instruments, including spot and derivatives trading, staking, and Web3 services.
On this platform, KGST is traded in a pair with USDT in a spot trading format.
The KGST stablecoin aims to maintain stability and is used in settlements and digital financial instruments. It was issued based on the BNB Smart Chain network according to the BEP-20 standard.
Farhat Iminov noted: “The listing of KGST on the international exchange HTX is the result of the government's consistent work to create a transparent and competitive ecosystem for virtual assets. Our goal is not only to develop individual initiatives but also to form a national infrastructure for digital finance integrated into the global economy.”
It is important to note that the KGST stablecoin, which is pegged to the exchange rate of the Kyrgyz som at a ratio of 1:1, was launched as part of a national program aimed at developing the digital economy. It is based on the BNB Chain blockchain and is designed to simplify settlements, cross-border transfers, and the integration of digital assets into the financial system of Kyrgyzstan and neighboring regions.
