CoinScoopUzbekistan launches pilot for government-backed HUMO stablecoin payments
Uzbekistan has initiated a pilot program for the HUMO stablecoin, which is pegged 1:1 to the Uzbek Som and backed by government securities. The project, overseen by the National Agency of Perspective Projects (NAPP) and the Central Bank, aims to test the issuance, circulation, and redemption of the stablecoin for payments.
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