#KGST — is a stablecoin pegged to the national currency of Kyrgyzstan — the Kyrgyz som (KGS). Its exchange rate is maintained at a 1:1 ratio, meaning 1 KGST is approximately equal to 1 som. Unlike bitcoin and other volatile cryptocurrencies, KGST is designed for stability and ease of transactions.
The token operates on the BNB Chain (BEP-20 standard), which ensures fast and inexpensive transactions. Each issued KGST is backed by real reserves in fiat currency held in banks, which enhances the trust and transparency of the project.
The main goal of KGST is to simplify digital payments, international transfers, and settlements between companies. It can be used for trading, storing funds without strong exchange rate fluctuations, and integrating into financial services.
It is important to understand that KGST is not an investment coin for speculation, but a tool for stable transactions. Its purpose is to bridge the traditional financial system and blockchain technologies.
