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The Kyrgyz Republic, officiated by President Sadyr Japarov, launched the USDKG stablecoin with an initial issuance of 50 million tokens on the Tron network.

At the Token2049 conference, project advisors announced that the USDKG stablecoin was planned for a debut in Q3 2025.

An independent audit by Kreston Global was publicly announced, verifying the physical gold reserves backing the initial 50 million USDKG tokens.

The USDKG ERC-20 token launched for trading on the Uniswap and Curve Finance decentralized exchanges, integrating it into the Ethereum DeFi ecosystem.