Kyrgyzstan continues to develop its virtual asset sector, and recent talks with TRON reflect the country’s interest in expanding cooperation in this field. The discussions come against the backdrop of existing national initiatives to introduce stablecoins, though for now they remain at the negotiation stage, with no official confirmation of a partnership.

What Is Being Discussed and at What Stage

A videoconference took place on February 21, 2026, between Farhat Iminov, Head of the Secretariat of the National Council for the Development of Virtual Assets and Blockchain Technologies under the President of Kyrgyzstan, and Justin Sun, founder of TRON.

According to the local outlet 24.kg, the parties discussed strategic cooperation in the development of virtual assets, including the potential integration of TRON’s infrastructure to scale the KGST stablecoin, which is pegged to the Kyrgyz som.

Justin Sun noted Kyrgyzstan’s progress in this area and expressed TRON’s readiness to support infrastructure development, stablecoin scaling, and the integration of blockchain into real-world processes. Based on available sources, the initiative appears to have originated from the Kyrgyz side. However, no official documents—such as a memorandum or formal agreement—have been published. Neither the Government of Kyrgyzstan nor TRON has released a joint press statement confirming a partnership.

Regulatory Context and TRON’s Presence in the Region

Kyrgyzstan has introduced a regulatory framework for digital assets, positioning the country as a potential leader in Central Asia in terms of blockchain integration into the economy.

The government maintains a positive stance toward digital assets, with a particular focus on regulated instruments such as stablecoins. TRON is already present in the region: in late 2025, Kyrgyzstan launched the USDKG stablecoin on the TRON network. The token is gold-backed and pegged to the U.S. dollar, with an initial issuance of $50 million.

Later, KGST was introduced and listed on exchanges such as HTX.

Naturally, the negotiations could lead to broader use of TRON for stablecoin issuance in Kyrgyzstan. For TRON, this would mean potential expansion in Central Asia, where the platform already dominates cross-border USDT transactions, processing billions of dollars in daily volume.

At the regional level, these discussions highlight growing interest in regulated digital assets, which could potentially attract additional investment into the CIS region. Kyrgyzstan’s regulatory landscape is strengthening its position as a virtual asset hub. According to analysts, this may increase institutional interest in the region, driven by low transaction fees and the high throughput of networks such as TRON.

Keeply’s Recommendations: How to Prepare for Working with Kyrgyzstan

Localize stablecoin names

Add KGST/USDKG along with Kyrgyz-language terminology to your interface. Labor migrants from Russia (over two million people) are more likely to use platforms with familiar naming conventions—this can improve conversion rates.

Prepare simplified KYC procedures for public tenders

Kyrgyz government agencies require basic staking audits (including Tronscan screenshots). Take screenshots of your TRX freeze in advance—small businesses often win minor contracts within 1–2 days.

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