Binance has listed Kyrgyzstan’s newly launched KGST stablecoin, marking another step in the country’s expanding digital asset strategy.
Kyrgyzstan President Sadyr Japarov confirmed the listing in a social media post, describing the move as a boost for the national crypto ecosystem.
The KGST stablecoin is pegged to the Kyrgyz som and is designed to support cross-border payments and financial connectivity.
Japarov said the listing would help integrate Kyrgyzstan more deeply into global digital finance networks.
Binance chief executive Changpeng “CZ” Zhao said the exchange expects to list “many more” nation-backed stablecoins in the future.
Zhao has been advising Kyrgyzstan since April under an agreement to provide technical expertise and consulting services.
Kyrgyzstan, a landlocked Central Asian nation with a population of about seven million, has taken an increasingly pro-crypto stance in recent years.
In September, lawmakers advanced legislation aimed at creating a state-backed crypto reserve and expanding the domestic digital asset industry.
The government has framed these efforts as part of a broader push to modernise the financial system.
Kyrgyzstan has also launched USDKG, a US dollar–pegged stablecoin backed by physical gold reserves.