KGSToken
Official Name: KGSTOKEN LLC
Country: Kyrgyzstan
KGSTOKEN LLC is the private‑sector issuer of KGST, a fiat‑backed stablecoin pegged 1:1 to the Kyrgyz som (KGS). KGST is described as Kyrgyzstan’s first national stablecoin and as a “sovereign‑backed” or “nation‑backed” stablecoin. Reserves are held in state‑owned banks in the Kyrgyz Republic; issuance and redemption are governed by the country’s virtual‑asset legislation and supervised by national authorities.
Licenses:
- Kyrgyz State Register of Digital Assets