USDKG is designed to facilitate cross-border payments ... Transparency is a cornerstone of USDKG’s design. Each token is verifiably tied to physical gold stored in secure, audited vaults.

This makes a one-way window that is matte – it looks opaque, reflecting barely 1 per cent of light from the outside – but still transparent ... such as gold, and materials like silicon ...

The stablecoin, backed by $500 million in gold from the Kyrgyz Ministry of Finance, is designed to facilitate seamless cross-border transfers in a country where remittances account for 30% of the GDP.