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OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG

BeInCrypto
OSL has listed USDKG, a gold-backed stablecoin issued by the Kyrgyz Republic, on its Hong Kong-licensed digital asset exchange.

Summary

OSL Group has officially listed USDKG, a state-supervised, gold-backed stablecoin issued by the Kyrgyz Republic, on its OSL HK exchange. The stablecoin is pegged 1:1 to the U.S. Dollar and backed by physical gold reserves audited by Kreston Global. Available to professional investors via OSL’s OTC platform, the listing marks a significant move to integrate regulated, asset-backed digital currencies into Asia’s financial markets, emphasizing institutional-grade compliance and security.

(Source:BeInCrypto)