HomeNewsKyrgyzstan To Launch National Stablecoin and CBDC on BNB Chain

Kyrgyzstan To Launch National Stablecoin and CBDC on BNB Chain

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Binance founder Changpeng Zhao (CZ) revealed a major digital finance milestone during his visit to Kyrgyzstan, where the nation officially launched its national stablecoin on BNB Chain and finalized a Central Bank Digital Currency (CBDC) rollout for government-related payments.

The initiative forms part of a broader national crypto strategy. Kyrgyzstan has also established a National Cryptocurrency Reserve that includes BNB among its holdings, reinforcing the country’s commitment to blockchain integration.

Beyond infrastructure, Binance deepened its local engagement, supporting law enforcement training, partnering with 10 leading universities to establish Binance Academy, and hosting a large-scale Binance Meetup in Bishkek with over 1,000 participants.

CZ also announced a collaboration between the Kyrgyz government and EthSign, supported by investor YZI Labs, aiming to bring strategic blockchain value beyond financial investment.

This partnership positions Kyrgyzstan as one of the first Central Asian nations to embrace both CBDCs and national stablecoins, signaling a growing shift toward blockchain-based financial sovereignty.

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Nikita Dmitrievich
Nikita Dmitrievichhttps://www.ethnews.com/
Nikita, a young and ambitious crypto investor who has been actively involved in the cryptocurrency world for the past 6 years. With a keen interest in blockchain technology, Nikita has been investing in various cryptocurrencies and has seen significant returns on his investments. He is passionate about educating others on the potential of cryptocurrencies and frequently shares his insights on social media platforms. Nikita believes that cryptocurrencies are the future of finance and is constantly researching new projects to invest in. With his dedication and knowledge, Nikita is quickly becoming a prominent figure in the crypto community. Business Email: [email protected] Phone: +49 160 92211628
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