Kyrgyzstan President Sadyr Japarov confirmed Wednesday that the national currency-backed stablecoin, dubbed ‘KGST,’ has been listed on project was developed and deployed on $BNB Chain, which supports scalable and cost-effective blockchain infrastructure.“I congratulate the KGSToken development team and all project participants on $BNB Chain on a successful launch,” he wrote on has become the first stablecoin from the Commonwealth of Independent States (CIS) to be listed on a global crypto exchange platform, he, the stablecoin, linked to the Kyrgyzstan Som, will contribute to the country’s cross-border payments and deepen its presence in the global crypto [.]

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