Take $KGST — the stablecoin of Kyrgyzstan, which is pegged 1:1 to the national som and operates on $BNB Chain. It is somewhat like a digital som, but already on the blockchain, fully backed by reserves in licensed banks of the Kyrgyz Republic and subject to regulation under the law on virtual assets. It was created to simplify calculations, transfers, and to give people the opportunity to use the national currency in digital form, on any device and within international payment systems.