The gold backed stablecoin USDKG supported by Kyrgyzstan plans to become the country's legal currency. William Campbell, the head of USDKG's advisory team, stated in an interview that USDKG is different from other gold stablecoins in that it ensures daily trading stability by anchoring the US dollar (1:1) instead of the gold price, backed by real treasury reserves, and backed by government endorsement to provide trust. USDKG will be audited every six months by four major auditing firms (proposed to be KPMG or Ernst&Young), and the audit results will be publicly available on the blockchain. (Cointelegraph) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43217