KYRGYZSTAN IS KILLING USDKG, ITS STATE GOLD STABLECOIN, LESS THAN A YEAR AFTER LAUNCH. ABOUT $50 MILLION WAS ISSUED, PEGGED 1:1 TO THE DOLLAR AND BACKED BY GOLD. THE UK SANCTIONED THE ISSUER IN MAY OVER ALLEGED RUSSIA LINKS. BISHKEK’S OFFICIAL LINE IS ASSET CLEANUP, NOT SANCTIONS. HOLDERS CAN SWAP FOR CASH OR USDT BEFORE THE TOKENS ARE BURNED.