OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG
Summary
OSL Group has listed USDKG, a gold-backed stablecoin issued by the Kyrgyz Republic, on its Hong Kong-licensed exchange OSL HK. The token is pegged 1:1 to the U.S. dollar and fully backed by physical gold reserves audited by Kreston Global, with the initial trading pair USDKG/USDT available to professional investors via OSL’s OTC platform. USDKG is deployed on Ethereum and TRON, underwent smart contract audits by ConsenSys Diligence, and is presented as compliant with FATF KYC/AML standards while being supported by major wallets and DEXes. The listing aims to expand USDKG’s market reach, support cross-border settlement use cases, and reinforce OSL’s position as a compliant, institutional-grade stablecoin trading venue in Hong Kong and the wider Asian market.