OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange, OSL HK, has officially listed. USDKGthe gold-backed stablecoin issued by the Kyrgyz Republic. This listing marks a significant milestone in the introduction of a state-supervised, asset-backed digital currency to one of the world’s most established licensed virtual asset markets.
Backed 1:1 to the US Dollar and fully backed by physical gold reserves, USDKG is now available to professional investors through OSL’s institutional grade infrastructure. The initial USDKG/USDT trading pair is now available to professional investors on OSL HK’s over-the-counter (OTC) platform.
The USDKG listing aligns with OSL’s commitment to contribute to the development of a secure and compliant digital asset ecosystem in Asia and beyond. It also extends USDKG’s reach into new markets through a regulated platform aligned with institutional standards, supporting its use in cross-border settlement and broader financial applications.
Jason Liu, COO of OSL’s Global Exchange, said: “OSL is dedicated to providing investors with access to regulated and innovative assets. The USDKG listing not only enriches OSL’s product offering for the market, but also strengthens its compliant stablecoin ecosystem, as the introduction of a compliant, state-backed digital asset further highlights OSL’s credibility and leadership within the industry.”
Biibolot Mamytov, CEO of Gold Dollar (USDKG), said: “This listing represents an important milestone for USDKG as we enter one of the most established and regulated digital asset markets in the world. Hong Kong is widely considered the benchmark 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 OJSC Virtual Asset Issuer, a public entity under the Ministry of Finance of Kyrgyzstan, with an initial issuance of $50 million backed by physical gold reserves audited by Kreston Global. The stablecoin is deployed on Ethereum and TRON, with smart contract audits conducted by ConsenSys Diligence.
The token is already accessible through decentralized exchanges including Curve and Uniswap, and 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 facilitate financial inclusion and efficient cross-border value transfer.
With this listing, Kyrgyzstan continues to position itself as a regional pioneer in regulated and asset-backed digital currencies, thereby bridging traditional digital currencies. financial infrastructure and blockchain while maintaining sovereign control and public accountability.
Media contact
Gold Dollar — USDKG
business@usdkg.com
www.usdkg.com
About the OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading which strives to provide globally compliant and efficient digital financial infrastructure services, enabling businesses, financial institutions and individuals to seamlessly trade, pay, exchange and settle between fiat and digital currencies. Founded on the core values of Open, Secure and Licensed, it is committed to build a more efficient ecosystem that connects global markets and enables instant, transparent and compliant movement of value around the world. For media inquiries, please contact: media@osl.com
Disclaimer: This article is provided for informational purposes only and does not constitute and should not be construed as an offer, solicitation, invitation, recommendation or inducement to buy, sell, subscribe for or otherwise deal in any digital assets, securities or financial products. It does not constitute financial, investment, legal, tax, accounting or other professional advice and should not be relied upon as such. The opinions, statements and information contained herein do not necessarily reflect the official positions or commitments of the OSL Group or any of its subsidiaries. Any descriptions of products, services, promotions or programs are for general reference only. Participation in any products, services or promotions mentioned is subject to applicable terms, conditions and regulatory requirements. This article may contain forward-looking statements or indicative information. Actual results may differ materially and OSL Group undertakes no obligation to update this information.
