Gold futures fell on Friday after the U.S. Labor Department reported slightly stronger than expected jobs data that dampened ...

The Kyrgyz Republic to introduce USDKG, a gold-backed stablecoin, enhancing cross-border trade and payment infrastructure by ...

Central Asian country Kyrgyzstan plans to debut the Gold Dollar, or USDKG, the gold-backed stablecoin pegged 1:1 with the U.S. dollar in the third quarter, project's advisor Gabriel Guerra told ...

Under the sweltering July sun in Rio de Janeiro, the BRICS+ Leaders Summit will convene not with bluster but with quiet ...

fueling speculation of a gold-backed currency to rival the U.S. dollar. Russia and China account for 74% of BRICS' gold reserves, making gold a potential hedge against dollar dominance.

BISHKEK, Kyrgyzstan, May 30, 2025 (GLOBE NEWSWIRE) -- The Kyrgyz Republic has announced the upcoming launch of USDKG, a gold-backed stablecoin pegged 1:1 to the U.S. dollar. The stablecoin is ...