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
➤ OSL Group's Hong Kong-licensed exchange has listed USDKG, a gold-backed stablecoin issued by the Kyrgyz Republic, pegged 1:1 to the U.S. Dollar. ➤ This listing aims to bring a state-supervised, asset-backed digital currency to professional investors in Asia, facilitating cross-border settlement and financial applications. ➤ The move signifies Kyrgyzstan's position as a first-mover in regulated, asset-backed digital currencies and OSL's commitment to a compliant digital asset ecosystem.
