Network: Released on the basis of BNB Chain (BEP-20). This provides minimal fees and high transaction speed - ideal for micropayments.
Regulation: The project fully complies with the legislation of the Kyrgyz Republic on virtual assets and is included in the State Register of Digital Assets.
Why is this important for the region?
Transparency: Unlike ordinary transfers, blockchain allows tracking transactions in real time.
Accessibility: Residents of the region receive a convenient bridge between cash and the global crypto market through Binance.
Business Solutions: Simplifying cross-border payments and reducing costs for entrepreneurs.
It is important to understand: KGST is not a tool for speculation, but a digital stability. It is a "digital som", which is always equal to the usual som, but lives in your crypto wallet.
The development of projects like KGST shows that CIS countries are becoming important players in the Web3 economy. What do you think, which countries will be next to issue their national stablecoins? Let's discuss in the comments! 👇
#Binance #KGST #Stablecoins #Web3 #Kyrgyzstan
#CryptoCIS @Binance_CIS