-
Movie theaters are allies for streamers like us, Apple exec says
-
Austria's Rangnick shuts down conspiracy talk ahead of Algeria World Cup clash
-
DR Congo must take risks to keep World Cup 'dream alive', says Desabre
-
Should we fear an AI bubble bust?
-
Jangoo, Chase keep West Indies in touch against Sri Lanka
-
US strikes Iran sites after cargo ship attack
-
Dembele hat-trick as France swat Norway, Senegal stay alive
-
Gueye double keeps Senegal's World Cup hopes alive
-
Dembele hits hat-trick as France thrash second-string Norway at World Cup
-
US stocks recover from tech tremors as oil prices fall
-
Globalization isn't dead, just 'transformed,' says IMF chief economist
-
OpenAI restricts limited release of new model to US only
-
Israel and Lebanon hail Washington deal, rejected by Hezbollah
-
Scheffler fires 60 to grab early PGA Travelers lead
-
Usyk -- pugilist who kept Ukrainian spirits high in darkest days
-
Trump blasts 'godless' Democrats in incendiary speech to evangelicals
-
Orange wave: Dutch World Cup dream gathers pace
-
Venezuela earthquakes kill 920, tens of thousands missing
-
Swiss nuclear plant shut down due to heatwave
-
Hundred hero Duckett punishes New Zealand after Stokes sparks England revival
-
American businesswoman Michele Kang buys French club Lyon
-
South Korea coach bereft of answers with World Cup hopes on knife-edge
-
Lebanon, Israel, US sign trilateral framework agreement in Washington
-
Mistrial declared in deadly Los Angeles fire case
-
Antonelli scores 'double top' for Mercedes as Russell warns of McLaren threat
-
Verstappen wants to stay at Red Bull – in a fast car, says Mekies
-
Australia eye 'something special' after reaching World Cup last 32
-
Usyk says vacating heavyweight world title belts
-
UK sets new June temperature record for third day in a row: Met Office
-
Germany sees hottest temperature on record of 41.3C: weather service
-
AI abuse deterring good MPs: incoming IPU chief
-
Teenager Antonelli dominates practice for Austrian GP
-
More than 50,000 missing after Venezuela quakes, death toll soars
-
Japan say bring on Brazil at World Cup but wary of revenge mission
-
Caudullo challenges Montpellier to be 'watertight' against Dupont threat
-
Stocks recover from tech tremors as oil prices fall
-
Venezuela earthquakes toll soars to 589 amid desperate rescue effort
-
How heatwaves are dangerous to human health
-
Stokes strikes on England return before Duckett runs riot against New Zealand
-
Europe heatwave shattering temperature records: UN
-
UK hottest June day record broken for third day in a row: Met Office
-
Farm workers wilt in sweltering Italian shanty town
-
Tech jitters send stocks lower, oil prices fall
-
Keys to face Maria in Eastbourne final
-
Stokes strikes on England return as New Zealand all out for 438
-
Venezuela earthquakes toll doubles amid desperate rescue efforts
-
Caudullo challenges Montpellier to be 'watertight' against Dupont
-
Mercedes dominate opening practice at Austrian GP
-
Osaka sinks Wang to reach first grass court final
-
Wawrinka announces farewell fete with Federer and Murray
OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG
OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic. The listing marks a significant step in bringing a state-supervised, asset-backed digital currency to one of the world’s most established licensed virtual asset markets.
Pegged 1:1 to the U.S. Dollar and fully backed by physical gold reserves, USDKG is now accessible to professional investors through OSL’s institutional-grade infrastructure. The initial trading pair USDKG/USDT is now available to professional investors across OSL HK’s over-the-counter (OTC) platform.
The listing of USDKG aligns with OSL's commitment to contribute to the development of a secure and compliant digital asset ecosystem in Asia and beyond. It also expands USDKG’s reach into new markets through a regulated platform aligned with institutional standards, supporting its use in cross-border settlement and broader financial applications.
Jason Liu, Global Exchange COO of OSL, said: “OSL is dedicated to providing investors with access to regulated, innovative assets. The listing of USDKG not only enriches OSL's product offerings for the market, but also strengthens its compliant stablecoin ecosystem, as the introduction of a state-backed, compliant digital asset further underscores OSL's credibility and leadership within the industry.”
Biibolot Mamytov, CEO of Gold Dollar (USDKG), said: “This listing represents an important milestone for USDKG as we enter one of the most established and highly regulated digital asset markets globally. Hong Kong is widely regarded as the gold standard for digital asset regulation, and working with OSL reflects our focus on transparency, gold-backed reserves, and institutional-grade infrastructure.”
About USDKG
USDKG is issued by OJSC Virtual Asset Issuer, a state-owned entity under Kyrgyzstan’s Ministry of Finance, with an initial issuance of $50 million backed by physical gold reserves audited by Kreston Global. The stablecoin is deployed on Ethereum and TRON, with smart contract audits conducted by ConsenSys Diligence.
The token is already accessible through decentralized exchanges, including Curve and Uniswap, and supported by major wallets such as Ledger Live, MetaMask, Trust Wallet, and TronLink. The stablecoin is fully compliant with FATF KYC/AML standards and is designed to facilitate financial inclusion and efficient cross-border value transfer.
With this listing, Kyrgyzstan continues to position itself as a regional first-mover in regulated, asset-backed digital currencies, bridging traditional finance and blockchain infrastructure while maintaining full sovereign oversight and public accountability.
About OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide. For media inquiries, users can contact: [email protected]
Disclaimer
This article is for informational purposes only and does not constitute, and shall not be construed as, an offer, solicitation, invitation, recommendation, or inducement to buy, sell, subscribe for, or otherwise deal in any digital assets, securities, or financial products. It does not constitute financial, investment, legal, tax, accounting, or other professional advice and should not be relied upon as such. The views, statements, and information contained herein do not necessarily reflect the official positions or commitments of OSL Group or any of its affiliates. Any descriptions of products, services, promotions, or programmes are for general reference only. Participation in any products, services, or promotions mentioned is subject to applicable terms, conditions, and regulatory requirements. This article may contain forward-looking statements or indicative information. Actual outcomes may differ materially, and OSL Group assumes no obligation to update such information.
Contact
Gold Dollar — USDKG[email protected]
Source article: https://chainwire.org/2026/05/21/osl-strengthens-asias-digital-asset-ecosystem-with-listing-of-state-supervised-gold-backed-stablecoin-usdkg/
D.Schneider--BTB