USDKG Listed on Hong Kong Platform OSL, Expanding Kyrgyzstan’s Access to Regulated Asian Markets
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USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic, has been listed on OSL, one of Hong Kong’s leading regulated digital asset platforms. The listing gives USDKG access to one of the world’s most established licensed virtual asset markets.
Pegged 1:1 to the US dollar and fully backed by physical gold reserves, USDKG is now available to professional investors through OSL’s institutional trading and custody infrastructure. Trading is offered via OTC access and a professional spot trading environment, with USDKG/USDT launched as the initial trading pair.
OSL Hong Kong operates under Type 1 (dealing in securities) and Type 7 (providing automated trading services) licenses issued by the Hong Kong Securities and Futures Commission (SFC), making it one of the region’s first licensed digital asset platforms.
“Listing on OSL marks an important milestone for USDKG as we enter one of the world’s most respected and strictly regulated digital asset markets. Hong Kong is widely regarded as a gold standard for regulation in this sector, and our partnership with OSL reflects our focus on transparency, gold backing, and institutional-grade infrastructure.”
— Biibolot Mamytov, CEO of Gold Dollar (USDKG)
About USDKG
USDKG is issued by JSC “Virtual Asset Issuer,” a company wholly owned by the state, providing a high level of trust and institutional reliability. Operational management, including gold reserve administration, is handled by a private company registered in the Kyrgyz Republic under an agreement with the issuer. This separation of responsibilities ensures independent operational oversight and prevents USDKG from being classified as a central bank digital currency (CBDC).
The initial issuance of USDKG totals $50 million and is backed by physical gold reserves audited by Kreston Global. The stablecoin is deployed on the Ethereum and TRON blockchains, while its smart contracts have been audited by ConsenSys Diligence.
The token is already available on decentralized exchanges including Curve and Uniswap and is supported by wallets such as Ledger Live, MetaMask, Trust Wallet, and TronLink. USDKG is fully compliant with FATF KYC/AML standards and is designed to support financial inclusion and efficient cross-border transfers.
With this listing, the Kyrgyz Republic continues to strengthen its position as a regional pioneer in regulated asset-backed digital currencies, combining traditional finance with blockchain infrastructure while maintaining state oversight and transparency.
More information about USDKG and its reserve model is available on the official website: www.usdkg.com
OSL website: https://www.osl.com/hk-en
