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gold-backed

The term **"gold-backed"** refers to a type of currency, financial instrument, or asset whose value is directly supported by or redeemable for a specified quantity of gold. In other words, each unit of the currency or asset represents a claim on a certain amount of physical gold held in reserve.
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  1. Kyrgyzstan Launches Gold-Backed USDKG National Stablecoin on Tron

    Kyrgyzstan Launches Gold-Backed USDKG National Stablecoin on Tron

    USDKG: Kyrgyzstan’s First State-Backed Gold-Pegged Stablecoin Kyrgyzstan has officially entered the stablecoin arena with the launch of USDKG, a national digital asset backed by physical gold and pegged one-to-one to the US dollar. The first issuance placed 50,000,000 USDKG tokens into...
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