Kyrgyzstan and TRON Discussed Cooperation in the Field of Virtual Assets

Арестова Татьяна Economy
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During the videoconference, a dialogue took place between Farhat Iminov, the head of the secretariat of the National Council for the Development of Virtual Assets and Blockchain Technologies under the President of the Kyrgyz Republic, and Justin Sun, the founder of the well-known blockchain platform TRON. This information was disseminated by the press service of the national council.

Justin Sun emphasized the rapid development of the virtual assets sector in Kyrgyzstan and noted that there is significant potential for implementing joint projects with TRON.

The discussion also touched upon the expansion of the national stablecoin KGST. It was mentioned that this asset is already listed on the international cryptocurrency exchange HTX, which has close ties with the TRON ecosystem. In this regard, the parties considered the possibilities of synergy with TRON's infrastructure for further promotion of KGST, including technological integration and improvement of the transactional environment.

TRON holds leading positions among global blockchain ecosystems and is number one in terms of stablecoin transaction volumes (USDT). The network is characterized by high throughput and is used in the issuance of digital financial instruments in many countries.
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