Changpeng Zhao Says Kyrgyzstan Has Launched BNB Chain-Based ‘National Stablecoin,’ Multi-Asset Crypto Reserve

Kyrgyzstan has launched a national stablecoin based on the BNB Chain (CRYPTO: BNB), Binance co-founder Changpeng “CZ” Zhao confirmed on Saturday.

BNB-Powered National Token

CZ took to X, sharing details from his recent trip to Kyrgyzstan, where he also met with President Sadyr Zhaparov.

Apart from the national stablecoin, which will be pegged to the national currency, the Kyrgyzstani Som, the Central Asian nation is preparing to roll out a central bank digital currency for use in government payments.

CZ added that a national cryptocurrency reserve, which will contain BNB tokens, has also been established.

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