According to the source, USDKG unveiled a 1:1 USD-pegged, gold-backed stablecoin at TOKEN2049 and stated it is backed by the Ministry of Finance of Kyrgyzstan, positioning it for trade, DeFi and institutional use, source: X post dated Oct 3, 2025. The post also describes USDKG as Kyrgyzstan’s Web3 rail for the global economy, source: X post dated Oct 3, 2025. The source did not disclose the blockchain network, contract address, reserves custody or audit provider, issuance and redemption mechanics, or initial exchange listings, so liquidity, peg stability, and arbitrage routes cannot yet be assessed, source: X post dated Oct 3, 2025.