2025-12-25 12:21:11

📢 Breaking: Kyrgyzstan's national stablecoin KGST, pegged 1:1 to the Kyrgyz som, just went live on a major trading platform. This marks another step forward for central bank digital assets in emerging markets, combining fiat-backed stability with blockchain accessibility. The KGST listing reflects growing institutional interest in regulated stablecoins as bridges between traditional finance and crypto markets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
5
Repost
Share

Comment

0/400

MetaverseHermit

· 2025-12-28 12:16

Kyrgyzstan is developing a CBDC, another small country starting to play this game... But to be honest, stablecoins are indeed a good bridge, much more reliable than those chaotic altcoins.

View OriginalReply0

GasFeeTherapist

· 2025-12-25 12:50

Another central bank digital currency... these days, who still cares about stablecoins? Is it real or fake?

View OriginalReply0

CryingOldWallet

· 2025-12-25 12:49

Another central bank digital currency... this time from Kyrgyzstan. Honestly, it doesn't feel very new. There are already many fiat-backed stablecoins; what’s truly scarce are the application scenarios. Can this really break down the barriers between traditional finance and crypto? I’m skeptical. Just because of the "emerging market" label, I actually have a bit of hope.

View OriginalReply0

SnapshotStriker

· 2025-12-25 12:48

Another new CBDC is coming, and Central Asia is also taking action. Speaking of Kyrgyzstan, this move is quite serious, directly listing on exchanges, not just a paper currency. Stablecoins are indeed the best entry point for traditional finance and on-chain development, and it seems more countries will follow suit in the future.

View OriginalReply0

TokenToaster

· 2025-12-25 12:43

Kyrgyzstan's central bank digital currency is also here. It seems that emerging markets are moving faster and faster.

View OriginalReply0