Uzbekistan launches pilot using som-pegged government securities stablecoin
Uzbekistan launched a payments pilot using a som-pegged stablecoin backed by government securities. The National Agency for Prospective Projects registered Humo Digital for a special regime jointly overseen with the central bank.
Uzbekistan has launched a pilot to test payments using a som-pegged stablecoin backed by government securities. On Monday, the National Agency for Prospective Projects (NAPP) said it had registered Humo Digital as a participant in a special regime jointly overseen with the central bank.