The Cabinet plans to release the KGST stablecoin in 2026-2027
The issuance of the stablecoin is scheduled from the first quarter of 2026 to the third quarter of 2027.
According to the presented document, the new stablecoin will be pegged to the national currency at a ratio of 1:1. To maintain liquidity, the creation of trading pairs with other stablecoins and digital assets, such as USDT and USDC, is planned, as well as a listing on one of the international cryptocurrency exchanges.
Reference:
Stablecoins are crypto assets aimed at maintaining a stable value relative to a specific asset or group of assets. Unlike other cryptocurrencies, the main goal of a stablecoin is to maintain a fixed parity with a specific currency.
Read also:
"Ay-Pery" has transformed into an international business center — photo report
Curl error: Operation timed out after 120001 milliseconds with 0 bytes received...
Torture of Patients. The GKNB Reveals Shocking Rehabilitation Methods at the "Path to Life" Center
Curl error: Operation timed out after 120001 milliseconds with 0 bytes received...
A Major Loan Shark and Owner of a Pawnshop Chain Arrested
In Bishkek, law enforcement agencies detained a well-known loan shark and owner of a chain of...
By March 1, cryptocurrency exchanges must raise their minimum authorized capital to 10 billion soms.
- On December 31, 2025, the government adopted a resolution regarding the regulation of the virtual...
Employees of weight and dimension control detained for extorting money from drivers
As a result of operational measures, seven employees of the weight and dimension control on the...
In Bishkek, the organization of closed private parties for adults has been shut down.
In Bishkek, an organization conducting closed private parties for adults was identified, according...
Kamchybek Tashiev inspected the border checkpoint "Bek-Abad" and stated the need for repairs
On January 1, 2023, the Deputy Prime Minister and Head of the State Committee for National...
A new prosecutor's office building opened in the Alai District
The opening of a new administrative building of the prosecutor's office took place in the...
The head of the State Committee for National Security inspected the "Bek-Abad" border checkpoint and stated the need for repairs.
On January 1, an unscheduled working visit was made by Kamchybek Tashiev, who holds the position...
Kamchybek Tashiev handed over 34 vehicles to the Motherhood and Childhood Protection Center
On January 1, in the Jalal-Abad region, 34 cars were handed over to the employees of the National...
The U-20 World Ice Hockey Championship has started in Bishkek
The U-20 World Hockey Championship started in Bishkek on January 18. This was announced by the...
A Food Fair is Taking Place in Bishkek
At the Turdakun Usubaliev Square in Bishkek, a fair has been organized by the Ministry of Water...
Photo. Border guards are on duty at the Kyrgyz-Chinese border in temperatures as low as -50 degrees.
The Border Service of the State Committee for National Security of the Kyrgyz Republic has...
How Farmers in the Chui Region Use Preferential Loans – Inspection by the Ministry of Agriculture
The visit of the Deputy Minister of Water Resources, Agriculture, and Processing Industry of the...
In Osh, one of the streets has been reopened after a major renovation.
In Osh, after the completion of major repairs, the street P. Arzykulov has been reopened,...
In Osh, the "Agro Caravan - 2026" fair took place.
On January 15, the "Agro Caravan - 2026" fair took place at the Babur State Academic...
A Unified Policy for Livestock Markets Will Be Implemented in the Chui Region
A unified policy regarding livestock markets will be implemented in the Chuy region. This was...
The Nomadic World Will Gather in Kyrgyzstan. What to Expect at the VI WMC: Innovations and Program
From August 31 to September 6, 2026, Kyrgyzstan will host the VI World Nomad Games (WNG). At a...
In Osh, a new recreation area is being built at the site of illegal trading points
On Mamirova Street in Osh, construction has begun on a new recreation area from the...
In Osh, the buildings of the non-functioning café "Eurasia" will be demolished.
During a morning inspection conducted by the mayor of Osh, Jenishbek Toktorbaev, along with...
In Bishkek, prices for meat are being checked in markets and shopping centers.
In Bishkek, inspections of prices for meat products and other essential goods continue, as...
Measures to Prevent Suicides Among Military Personnel Discussed in Bishkek
In Bishkek, an interdepartmental round table was held at the base of the Combat Training Center of...
The State National Security Committee has detained the lawyer of a major loan shark in a extortion case
The State Committee for National Security of the Kyrgyz Republic reported the detention of lawyer...
High Mountains, Wind, and Frost: The Daily Life of Border Guards at Issyk-Kul – Photo Report
In the Issyk-Kul region, border guards perform their duties in one of the most challenging...
Bishkek Enters the Cycle of Revaluation of the Royal Central Park Real Estate Market and the Advantage of Price Fixation in the First Three Years
The economy, which is on the path of rapid and stable growth, leads to an increase in real estate...
Three New Hydroelectric Power Stations Will Be Built in Kyrgyzstan with Foreign Investments
html On January 20, a meeting was held in Bishkek where the Minister of Energy of Kyrgyzstan,...
In Osh, a police officer was detained for "protection" of foreigners.
On January 21, 2026, as a result of a joint operation by the State National Security Committee of...
In Batken, a cultural evening "Let's Sing Together" took place
A cultural evening titled "Let's Sing Together" took place in Batken, organized to...
Snow Leopard, Bear, and Pack of Wolves. Unique Footage from the Khan-Teniri Nature Park
New notable photos of wild animals in their natural habitat have been taken in the State Nature...
In Osh, the "Kermetoo" school in the Toloykon microdistrict has been renovated
On Wednesday, October 18, the mayor of Osh, Jenishbek Toktorbaev, visited the educational...
In Osh, graduates of family orphanages will be provided with housing
. In Osh, the construction of a residential building consisting of 28 apartments has begun,...
New Year's Eve in Kyrgyzstan Passed Calmly - Ministry of Internal Affairs
On New Year's Eve, Kyrgyzstan experienced no serious violations or crimes, as reported by the...
In the "Khan-Teniri" Park, an increase in the population of wild animals has been recorded
As a result of recent monitoring conducted using camera traps and specialized equipment, a stable...
In Osh, the kindergarten "Aydanek" has reopened after renovation.
The major renovation of the kindergarten "Aidanek" in Osh has been completed, and it is...
In Osh, the trade fair "Agro Caravan - 2026" is taking place.
The trade fair "Agro Caravan -2026" has started in Osh, as reported in a press release...
In Bishkek, the construction of the production base for the municipal enterprise "Tazalyk" has begun.
Today, the mayor of Bishkek, Aibek Junushaliev, participated in the laying of a capsule for the...
After the Ministry of Health's inspection, the heads of the NCCIT and the NIIHSIT voluntarily resigned from their positions.
The Ministry of Health, under the leadership of Minister Kanaybek Dosmambetov, held a meeting to...
In the Antimonopoly Office, certain employees received bonuses multiple times a month
The audit conducted by the Accounts Chamber of the Kyrgyz Republic revealed violations in the...
KGST on Binance is used for liquidity management, not for speculation
The KGST stablecoin, which is pegged to the Kyrgyz som, continues its trading on the Binance...
Kyrgyzstan and Pakistan Agreed to Conduct Joint Rescue Exercises
The delegation of the Ministry of Emergency Situations of Kyrgyzstan, headed by Deputy Minister...
In Osh, the updated bridge on Shamsheev Street has been put into operation
Today, the mayor of the Osh region, Jenishbek Toktorbaev, officially opened the bridge on J....
In Osh, the water intake station "Ozgur" is undergoing major repairs
Today, the mayor of the Osh region, Jenishbek Toktorbaev, visited the water treatment station...
In Osh, part of the territory of the central stadium has been returned to the state
In Osh, a plot of land with buildings, covering 2700 square meters, has been returned to the state...
Rest in Goa: A Guide for Kyrgyzstanis on the Main Tourist Destination in India
Goa is one of the most vibrant and attractive tourist regions in India. Here, everyone will find...
Construction of underground stations and stops has begun on Ch.Aitmatov Avenue in Bishkek.
On January 1, 2026, the mayor of Bishkek, Aibek Junushaliev, officially announced the start of...
Police brought in 29 people in connection with a fight between residents of two villages in the Issyk-Ata district.
On January 2, 2026, the Main Internal Affairs Directorate of the Chuy Region received a report...
How "Eurasia" is Changing the Daily Lives of Millions in Kyrgyzstan
Curl error: Operation timed out after 120001 milliseconds with 0 bytes received...