KGST (Kyrgyz Som Token) — the first national stablecoin of the CIS, pegged 1:1 to the Kyrgyz som.
Key facts:
• Issuer: KGSToken LLC (regulated by the law 'On Virtual Assets' 2022)
• Provision: 100% reserves in soms in the accounts of licensed banks of the Kyrgyz Republic (transparent audits)
• Blockchain: BNB Chain → low fees, fast transactions