The post CZ Reacts as Kyrgyz Stablecoin KGST Becomes First CIS Listing on Binance appeared on BitcoinEthereumNews.com.

Kyrgyzstan’s KGST stablecoin is listed on Binance, becoming the first CIS country stablecoin on the global exchange, backed 1:1 by the som. Kyrgyzstan’s national stablecoin, KGST, has been listed on Binance, marking a key moment for the country’s digital asset ambitions. Notably, President Sadyr Zhaparov announced the listing and, consequently, stressed that the stablecoin maintains a 1:1 backing with the Kyrgyz som. This move positions Kyrgyzstan as the first CIS country to launch a stablecoin on a global cryptocurrency exchange like Binance. It highlights Kyrgyzstan’s increasing presence in the evolving world of digital currencies. KGST’s Listing and Its Significance for Kyrgyzstan The listing of KGST on Binance is a major step forward for Kyrgyzstan’s digital currency initiatives. President Zhaparov called it a “landmark” event for the country, underscoring its importance. The stablecoin is pegged to the Kyrgyz som, offering stability to users who want to transact in digital currency. By using KGST, Kyrgyzstan aims to promote the use of its national currency in the digital space, aligning with global trends of digital asset adoption. Greetings everyone!Today I received important and truly landmark news — the Kyrgyz stablecoin KGST has been listed on the global cryptocurrency exchange Binance @binance. KGST @KGSToken is backed 1:1 by the national currency of the Kyrgyz Republic, the som. I congratulate the… pic.twitter.com/U8dNPsKA6y — Sadyr Zhaparov (@sadyrzhaparovkg) December 24, 2025 Notably, BNB Chain Binance’s blockchain will support the stablecoin launch, he said. BNB Chain has gained traction as a reliable platform for blockchain projects, providing scalability and security. By launching KGST on such a well-established network, Kyrgyzstan signals its intention to leverage blockchain technology to modernize its financial systems. Changpeng Zhao’s Response to the KGST Listing Binance founder Changpeng Zhao (CZ) reacted to the news by calling KGST the first nation-backed stablecoin listed on BNB Chain.…

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Filed under: News - @ December 25, 2025 8:21 am