The Head of the Cabinet reported on the work with the stablecoin "USD KG" in 2025

Сергей Гармаш Economy
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- On February 27, a republican meeting took place in Bishkek, attended by President Sadyr Japarov.

In his report, the Head of the Cabinet emphasized that last year Kyrgyzstan successfully implemented new mechanisms for attracting capital, including digital financial assets.

“We have significantly strengthened our positions in international financial relations. For the first time, eurobonds worth 700 million US dollars were issued, aimed at strategic development projects,” he noted.

Additionally, the first issuance of the national stablecoin "USD KG," backed by gold, was carried out, totaling 50 million tokens and pegged to 1 dollar.

It should also be noted that the national stablecoin "KG ST" has been listed on the international exchange, which indicates the growing trust in our financial system,” added the Head of the Cabinet of Ministers.
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