Profile
KGST profile facts
Kyrgyz Som Stablecoin (KGST) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Kyrgyz Som.
- Collateral
- Kyrgyz som fiat reserves and cash equivalents held in licensed banks and custodial institutions to back KGST 1:1 against the Kyrgyz som
- Peg mechanism
- Issuer-managed mint and redemption route designed to maintain 1 KGST = 1 KGS through fully backed som reserves
- Jurisdiction
- Kyrgyzstan / State Service for Regulation and Supervision of the Financial Market
- Proof of reserves
- No proof-of-reserves entry in the static profile.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
KGST quick answers
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What is Kyrgyz Som Stablecoin (KGST)?
KGST is a Kyrgyz som-pegged stablecoin claiming 1:1 KGS bank reserves; no public attestation cadence has been verified. The static profile records its Kyrgyz Som peg mechanism as: Issuer-managed mint and redemption route designed to maintain 1 KGST = 1 KGS through fully backed som reserves.
Is KGST safe?
As of Nov 8, 2026, Pharos grades KGST D (46/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs KGST?
Pharos records KGST's reserves in its review of Jul 14, 2026 as 100% Kyrgyz som fiat reserves and cash equivalents. Reserve evidence: curated reserve profile. Pharos classifies the backing as Real-World Asset Backed.
Can KGST be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem KGST?
Under the route Pharos reviewed on Oct 7, 2026, KGST redeems for a single stable asset, such as cash or a stablecoin; holder eligibility is not documented. Settlement takes multiple days. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
