What is $KGST and what is it for? 🇰🇬💎

As part of the weekly theme #Stablecoins, we are examining an important asset — KGST. This is the first government stablecoin pegged to the Kyrgyz som at a ratio of 1:1.

Why is this convenient:

Stability: Full collateralization in government banks guarantees reliability.

Yield: Currently, in Simple Earn on Binance, you can earn up to 10% APR on flexible deposits in KGST.

Speed: Perfect for fast and cheap cross-border transfers in Central Asia.

I am following the development of the project @Binance CIS and participating in their leaderboard! 🚀

@Binance CIS #stablecoins $KGST #CryptoAsia #BinanceSquare

KGST

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