Kyrgyzstani som-pegged KGST stablecoin debuts on Binance

KGST, a stablecoin pegged to Kyrgyzstan’s local currency, the Kyrgyzstani som, has been listed on Binance. Kyrgyzstan President Sadyr Japarov announced the development on Dec. 24, framing the listing as “landmark news.” “It is especially encouraging that KGST has become…