Hello and welcome back to CoinDisc Live from Consensus Hong Kong.

Let's bring in our next guest now.

He's the project lead for USDKG William Campbell.

Hello.

Hey guys, how are you?

Good to see you.

We're doing great, great to see you. Thank you.

Lay a foundation for us, start at the very beginning, USDKG.

What is it?

Absolutely.

Like you said, I'm the project lead.

U.S.DK.G is an initiative in Kyrgyzstan.

Kyrgyzstan is a country in Central Asia.

They've been looking to modernize their economy in the last few years. And part of what that means is creating a digital interface for the rest of the world.

So, USDKG, we're a stable coin.

We're very unique in the sense that we're the first stable coin ever to be backed by the Ministry of Finance of an entire nation.

And aside from that, normal stable

coins keep their reserves in, let's say, T-bills or bonds, whereas we keep our reserves in gold.

So it's two big differentiators that sort of change the space and change the game for us.

We have a fair amount of people representing tokenized gold here at this event.

You guys are sort of standing out with this idea of the stable coin pegged to gold.

Yeah.

...