Independent Audit Verifies Gold Reserves Backing Kyrgyzstan’s USDKG Stablecoin
An independent audit by Kreston Global verified the physical gold reserves backing Kyrgyzstan's USDKG stablecoin, confirming 30 gold bars valued at $50.3 million.Summary
Kreston Global conducted an independent audit following ISRS 4400 to verify the physical gold reserves backing the first 50 million USDKG tokens, Kyrgyzstan's gold-backed stablecoin. The audit confirmed the presence of 30 gold bars, totaling approximately 376 kilograms, stored in a secure vault, valued at $50.3 million based on LBMA pricing as of November 28, 2025, exceeding the circulating token supply. The review included physical inspection, documentation checks of the gold's transfer path, and verification of control over the associated Ethereum and Tron smart contract wallets, establishing a high level of transparency. This verification supports USDKG's positioning as a predictable, compliant asset operating under the Kyrgyz Republic's regulatory framework, contrasting with fiat-backed models and aligning with the growing institutional preference for verifiable, real assets.
(Source：BeInCrypto)