🇰🇬 KGST — top-3 among new Binance users in Kyrgyzstan
The KGST stablecoin, pegged to the Kyrgyz som, entered the top three most-traded tokens among new Binance users in the country in August. The exchange presented the results on September 5 at a meeting of the National Council for the Development of the Virtual Assets Sector of Kyrgyzstan.
Why this matters:
— KGST is the national currency, now living on the blockchain and trading 24/7
— There is already real infrastructure behind it: liquidity, users, working use cases
— The peg to the som is maintained, and the token is available right now on Binance
This is a bridge between three worlds: the national currency, the local financial system, and the global infrastructure of digital assets.
As Binance Regional Head Kirill Khomyakov noted:
“ We believe that each country should have its own stablecoin, and we will continue to participate in similar projects across the region.”
Binance is ready to help the countries of the region build their national stablecoins. Kyrgyzstan shows how it works in practice.
→ [Узнать больше о KGST](https://www.binance.com/ru/academy/learn-and-earn/course/kgst-%D0%B8-%D1%81%D1%82%D0%B5%D0%B9%D0%B1%D0%BB%D0%BA%D0%BE%D0%B8%D0%BD%D1%8B-BN1281173883072618497)
The KGST stablecoin, pegged to the Kyrgyz som, entered the top three most-traded tokens among new Binance users in the country in August. The exchange presented the results on September 5 at a meeting of the National Council for the Development of the Virtual Assets Sector of Kyrgyzstan.
Why this matters:
— KGST is the national currency, now living on the blockchain and trading 24/7
— There is already real infrastructure behind it: liquidity, users, working use cases
— The peg to the som is maintained, and the token is available right now on Binance
This is a bridge between three worlds: the national currency, the local financial system, and the global infrastructure of digital assets.
As Binance Regional Head Kirill Khomyakov noted:
“ We believe that each country should have its own stablecoin, and we will continue to participate in similar projects across the region.”
Binance is ready to help the countries of the region build their national stablecoins. Kyrgyzstan shows how it works in practice.
→ [Узнать больше о KGST](https://www.binance.com/ru/academy/learn-and-earn/course/kgst-%D0%B8-%D1%81%D1%82%D0%B5%D0%B9%D0%B1%D0%BB%D0%BA%D0%BE%D0%B8%D0%BD%D1%8B-BN1281173883072618497)
