Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
OSL adds Kyrgyzstan's gold-backed USDKG stablecoin to Hong Kong exchange
The token is now available to professional investors through the company's OTC desk and its Pro Trade platform, with USDKG/USDT as the initial trading pair.
USDKG is pegged 1:1 to the US dollar and backed by physical gold reserves held by a state entity in Kyrgyzstan.
According to OSL, the listing extends the stablecoin's reach into one of Asia's largest licensed virtual asset markets and broadens its institutional infrastructure footprint.
The token is issued by OJSC Virtual Asset Issuer, a state-owned company operating under Kyrgyzstan's Ministry of Finance.
Its initial issuance stands at $50 million, with gold reserves audited by Kreston Global.
USDKG is deployed on Ethereum and TRON, and the underlying smart contracts have been audited by ConsenSys Diligence.
Commenting on the listing, Biibolot Mamytov, CEO of Gold Dollar (USDKG), said the move places the token in front of professional investors operating under one of the most developed regulatory regimes in the sector.
"Hong Kong is widely regarded as the gold standard for digital asset regulation, and working with OSL reflects our focus on transparency, gold-backed reserves, and institutional-grade infrastructure", he said.
For OSL, the addition continues an ongoing build-out of its stablecoin offering.
The exchange operates under a Hong Kong VASP license and has positioned itself around regulated, asset-backed instruments as the local market shifts toward a formal stablecoin licensing framework introduced by the Hong Kong Monetary Authority.
USDKG already trades on decentralized venues including Curve and Uniswap, and is compatible with Ledger Live, MetaMask, Trust Wallet, and TronLink.
The token is structured to meet FATF KYC and AML standards, and is aimed at cross-border settlement and similar use cases where a fully reserved, asset-backed instrument is preferred over algorithmic or unregulated alternatives.
The post OSL adds Kyrgyzstan's gold-backed USDKG stablecoin to Hong Kong exchange appeared first on Invezz