Hong Kong, Hong Kong, May 21, 2026, Chainwire
OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, a gold-backed stablecoin issued by the Republic of Kyrgyzstan. This listing is an important step in bringing a state-supervised, asset-backed digital currency to one of the most established licensed virtual asset markets in the world.
USDKG, pegged 1:1 to the US dollar and fully backed by physical gold reserves, is now accessible to professional investors through OSL’s institutional-grade infrastructure. The initial trading pair USDKG/USDT is now available to professional investors on OSL HK’s over-the-counter (OTC) platform.
The listing of USDKG is consistent with OSL’s commitment to contributing to the development of a secure and compliant digital asset ecosystem in Asia and beyond. It will also expand USDKG’s reach into new markets and support its use in cross-border payments and a wide range of financial applications through a platform regulated to institutional standards.
Jason Liu, COO, OSL Global Exchange“OSL is committed to providing investors with access to regulated and innovative assets. USDKG’s listing not only strengthens OSL’s product offering to the market, but also strengthens the compliant stablecoin ecosystem as the introduction of state-backed compliant digital assets further highlights OSL’s credibility and leadership within the industry.”
Biibolot Mamytov, CEO of Gold Dollar (USDKG)“This listing represents a significant milestone for USDKG as it enters one of the most established and highly regulated digital asset markets globally. Hong Kong is widely recognized as the gold standard for digital asset regulation, and our collaboration with OSL reflects our focus on transparency, gold-backed reserves and institutional-grade infrastructure.”
About USDKG
USDKG is issued by the OJSC Virtual Asset Issuer, a state-owned entity under the Ministry of Finance of Kyrgyzstan, and the initial issuance amount is backed by physical gold reserves audited by Kreston Global. Stablecoins will be distributed on Ethereum and TRON through smart contract audits conducted by ConsenSys Diligence.
The token is already accessible through decentralized exchanges including Curve and Uniswap, and is supported by major wallets such as Ledger Live, MetaMask, Trust Wallet, and TronLink. The stablecoin is fully compliant with FATF KYC/AML standards and is designed to promote financial inclusion and efficient cross-border transfer of value.
With this listing, Kyrgyzstan continues its position as a regional leader in regulated, asset-backed digital currencies, bridging traditional finance and blockchain infrastructure while maintaining full sovereign oversight and public accountability.
About OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading platform committed to providing globally compliant and efficient digital financial infrastructure services, enabling businesses, financial institutions and individuals to seamlessly exchange, pay, trade and settle fiat and digital currencies. Based on our core values of Open, Secure, and Licensed, we are committed to building a more efficient ecosystem that connects global markets and enables the immediate, seamless, and compliant movement of value around the world. For media inquiries, please contact: (email protected)
disclaimer
This document has been prepared for informational purposes only and should not constitute or be construed as an offer, solicitation, invitation, recommendation or inducement to purchase, sell, subscribe or otherwise transact in any digital asset, security or financial instrument. It does not constitute financial, investment, legal, tax, accounting or other professional advice and should not be relied upon as such. The views, statements and information contained herein do not necessarily reflect the official position or commitment of OSL Group or its affiliates. All descriptions of products, services, promotions or programs are provided for general reference purposes only. Participation in any product, service or promotion mentioned is subject to applicable terms and conditions and regulatory requirements. This article may contain forward-looking statements or implied information. Actual results may vary materially and OSL Group undertakes no obligation to update such information.
contact
Gold Dollar — USDKG
(email protected)