OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG

Hong Kong, Hong Kong, May twenty first, 2026, Chainwire

OSL Group (863.HK) (OSL), a world stablecoin cost and buying and selling platform, immediately introduced that its Hong Kong-licensed digital asset alternate OSL HK has formally listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic. The itemizing marks a major step in bringing a state-supervised, asset-backed digital foreign money to 1 of the world’s most established licensed digital asset markets.

Pegged 1:1 to the U.S. Dollar and totally backed by bodily gold reserves, USDKG is now accessible to skilled traders by OSL’s institutional-grade infrastructure. The preliminary buying and selling pair USDKG/USDT is now out there to skilled traders throughout OSL HK’s over-the-counter (OTC) platform.

The itemizing of USDKG aligns with OSL’s dedication to contribute to the event of a safe and compliant digital asset ecosystem in Asia and past. It additionally expands USDKG’s attain into new markets by a regulated platform aligned with institutional requirements, supporting its use in cross-border settlement and broader monetary functions.

Jason Liu, Global Exchange COO of OSL, stated: “OSL is devoted to offering traders with entry to regulated, progressive belongings. The itemizing of USDKG not solely enriches OSL’s product choices for the market, but additionally strengthens its compliant stablecoin ecosystem, because the introduction of a state-backed, compliant digital asset additional underscores OSL’s credibility and management throughout the trade.”

Biibolot Mamytov, CEO of Gold Dollar (USDKG), stated: “This itemizing represents an vital milestone for USDKG as we enter one of essentially the most established and extremely regulated digital asset markets globally. Hong Kong is broadly thought to be the gold commonplace for digital asset regulation, and dealing with OSL displays our concentrate on transparency, gold-backed reserves, and institutional-grade infrastructure.”

About USDKG

USDKG is issued by OJSC Virtual Asset Issuer, a state-owned entity beneath Kyrgyzstan’s Ministry of Finance, with an preliminary issuance of $50 million backed by bodily gold reserves audited by Kreston Global. The stablecoin is deployed on Ethereum and TRON, with sensible contract audits performed by ConsenSys Diligence.

The token is already accessible by decentralized exchanges, together with Curve and Uniswap, and supported by main wallets comparable to Ledger Live, MetaMask, Trust Wallet, and TronLink. The stablecoin is totally compliant with FATF KYC/AML requirements and is designed to facilitate monetary inclusion and environment friendly cross-border worth switch.

With this itemizing, Kyrgyzstan continues to place itself as a regional first-mover in regulated, asset-backed digital currencies, bridging conventional finance and blockchain infrastructure whereas sustaining full sovereign oversight and public accountability.

About OSL Group

OSL Group (HKEX: 863) is a world stablecoin cost and buying and selling platform that strives to supply compliant and environment friendly digital monetary infrastructure companies globally, empowering enterprises, monetary establishments and people to seamlessly alternate, pay, commerce, and settle between fiat and digital currencies. Grounded within the core values of Open, Secure, and Licensed, it’s dedicated to constructing a extra environment friendly ecosystem that connects international markets and allows on the spot, seamless and compliant worth motion worldwide. For media inquiries, customers can contact: media@osl.com

Disclaimer

This article is for informational functions solely and doesn’t represent, and shall not be construed as, a suggestion, solicitation, invitation, suggestion, or inducement to purchase, promote, subscribe for, or in any other case deal in any digital belongings, securities, or monetary merchandise. It doesn’t represent monetary, funding, authorized, tax, accounting, or different skilled recommendation and shouldn’t be relied upon as such. The views, statements, and knowledge contained herein don’t essentially mirror the official positions or commitments of OSL Group or any of its associates. Any descriptions of merchandise, companies, promotions, or programmes are for basic reference solely. Participation in any merchandise, companies, or promotions talked about is topic to relevant phrases, situations, and regulatory necessities. This article could comprise forward-looking statements or indicative info. Actual outcomes could differ materially, and OSL Group assumes no obligation to replace such info.