Profile
USDKG profile facts
USDKG (USDKG) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
- Collateral
- Physical gold bars (~376 kg, 30 bars) sourced from the Kyrgyz Ministry of Finance via state gold enterprise Kyrgyzaltyn (LBMA Good Delivery listed); stored in sealed boxes at an unnamed bank under custody of LLC Virelint Group
- Peg mechanism
- Historically minted and redeemed against USD, Kyrgyzstani som, physical gold or approved cryptocurrencies through Gold Dollar. The current termination notice directs holders to email the issuer for fiat or USDT exchange without a published payout duration.
- Jurisdiction
- Kyrgyz Republic / Financial Market Regulatory and Supervisory Service under the Ministry of Economy and Commerce of the Kyrgyz Republic / Law on Virtual Assets (2022) / Cabinet Resolution No. 514
- Proof of reserves
- Agreed-Upon Procedures by Kreston Digital Assets Ltd (ISRS 4400 agreed-upon-procedures provider; the transparency portal currently indexes one reserve report, for 28 November 2025; the January 2025 document is a Consensys smart-contract audit). Reserve source
Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring.
USDKG quick answers
4
What is USDKG?
USDKG is Gold Dollar's gold-backed dollar token; the issuer has announced termination and offers holders email-based exchange for fiat or USDT. The static profile records its US Dollar peg mechanism as: Historically minted and redeemed against USD, Kyrgyzstani som, physical gold or approved cryptocurrencies through Gold Dollar.
Is USDKG safe?
USDKG is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, Agreed-Upon Procedures from Kreston Digital Assets Ltd (ISRS 4400 agreed-upon-procedures provider; the transparency portal currently indexes one reserve report, for 28 November 2025; the January 2025 document is a Consensys smart-contract audit)., and notes that issuer or admin freeze controls are recorded.
What backs USDKG?
The archived Pharos profile records USDKG's reserves as of Nov 28, 2025 as 100% Physical gold (LBMA Good Delivery bars). Reserve evidence: Agreed-Upon Procedures, latest period ending Nov 28, 2025. Pharos classifies the backing as Real-World Asset Backed.
Can USDKG be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. USDKG is a frozen Pharos archive; the recorded history below is read-only.
