Kyrgyzstan Launches National Stablecoin on BNB Chain as CBDC Readies for Issuance and BNB Joins National Crypto Reserve
BNB/USDT
$689,589,079.15
$655.51 / $637.61
Change: $17.90 (2.81%)
-0.0064%
Shorts pay
According to a social media post by Binance founder Changpeng Zhao, Kyrgyzstan has described a national stablecoin as launched on the BNB Chain. The move signals a shift toward a domestically issued digital asset framework, with the Kyrgyzstan government leveraging blockchain infrastructure to streamline payments and settlement across public services.
The same post indicates that a Central Bank Digital Currency (CBDC) is ready to be issued and would underpin government-related payments and other strategic use cases. If confirmed by authorities, this CBDC could enhance financial inclusion, improve payment efficiency, and strengthen sovereign digital finance capabilities.
A national cryptocurrency reserve has reportedly been established, including holdings of BNB, designed to bolster liquidity, interoperability, and strategic asset allocation within Kyrgyzstan’s evolving digital asset framework.
