Kyrgyzstan has rolled out a national stablecoin in collaboration with the world’s biggest exchange, Binance. This action represents one of many significant developments following multiple contacts between the Central Asian nation and Binance co-founder and former CEO Zhangpeng Zhao.
Kyrgyzstan Launches Stablecoin On BNB Chain
In April 2025, Chanpeng Zhao negotiated a partnership with Kyrgyzstan’s National Investment Agency, which saw the Binance exchange render its service in boosting cryptocurrency and blockchain adoption in the country. In an X post on October 25, Zhao shared some updates from this partnership following a meeting with the country’s National Council for the Development of Virtual Assets and Blockchain Technologies.
Notably, Kyrgyzstan has now launched a national st

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