May 21, 2026 – Hong Kong, Hong Kong
HK) (OSL), a global stablecoin trading and payment platform, today announced that Hong Kong-licensed digital asset exchange OSL HK has officially listed. USDKGa gold-backed stablecoin issued by the Kyrgyz Republic. The listing represents an important 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 US dollar and fully backed by physical gold reserves, USDKG is now accessible to professional investors through OSL’s institutional infrastructure. The initial trading pair USDKG/USDT is now available to professional investors via the OSL HK over-the-counter (OTC) platform.
USDKG’s listing is consistent 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, COO of Global Exchange at OSLHe said: “OSL is committed to providing investors with access to regulated and innovative assets. The listing of USDKG not only enriches OSL’s product offerings to the market, but also strengthens the compliant stablecoin ecosystem, as the introduction of compliant, state-backed digital assets further underscores OSL’s credibility and leadership in the industry.”Bibulut Mametov, CEO of Gold Dollar (USDKG)He said: “This listing represents an important milestone for USDKG as we enter one of the world’s most established and regulated digital asset markets. Hong Kong is widely viewed as the gold standard for digital asset regulation, and working with OSL reflects our focus on transparency, gold-backed reserves and institutional-level infrastructure.”
About USDKG
USDKG It was issued by virtual asset issuer OJSC, a state-owned entity affiliated with the Kyrgyz Ministry of Finance, with an initial issuance of US$50 million backed by physical gold reserves audited by Kreston Global. The stablecoin is deployed on Ethereum and TRON, with smart contract audits performed by ConsenSys Diligence.
The token is already accessible through decentralized exchanges, including Curve and Uniswap, and is 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 leader in regulated, asset-backed cryptocurrencies, bridging the gap between traditional finance and blockchain infrastructure while maintaining full sovereign oversight and public accountability.
About OSL Group
Osel group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compatible and efficient digital financial infrastructure services globally, enabling businesses, financial institutions and individuals to seamlessly exchange, pay, trade and settle between fiat and digital currencies. Built on the core values of open, secure and permissioned, the company is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant movement of value around the world. For media inquiries, users may 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 opinions, statements and information contained herein do not necessarily reflect the official positions or commitments of the OSL Group or any of its affiliates. Any descriptions of products, services, promotions or programs are for general reference purposes 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 guidance information. Actual results may differ materially, and OSL Group undertakes no obligation to update this information.
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Gold dollar — USDKG
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