BlockBeats News, December 25th, Kyrgyzstan President Sadyr Japarov stated that the stablecoin KGST, pegged to the national fiat currency "som," has officially launched on Binance, marking another key advancement in the country's national-level crypto infrastructure development.In his post, Sadyr stated that the launch of KGST will help facilitate cross-border payment development and further deepen Kyrgyzstan's connection to the global crypto ecosystem. CZ later responded that there will be "more national-supported stablecoins" landing on Binance in the future.In April this year, CZ began providing technical and policy advice to the Kyrgyzstan government. This landlocked country in Central Asia with a population of around 7 million has significantly shifted its attitude towards digital assets in the past year. In September, Kyrgyzstan advanced legislation to establish a national crypto reserve and expand its domestic digital asset industry.In addition to KGST, Kyrgyzstan has recently launched the USD-pegged stablecoin USDKG, which is backed by physical gold. The token was initially issued on the Tron network with an initial supply of 50 million tokens, with plans to expand to Ethereum in the future.

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