Fresh Off His Trump Pardon, Changpeng Zhao Helps Launch Stablecoin in Kyrgyzstan

Congratulations to Kyrgyz President Sadir Zaparov for his newly announced national digital currency. And more congratulations to Changpeng “CZ” Zhao, Advisor to JaparovOn who helped facilitate this launch A pardon from President Donald Trump two days ago

To give you an idea of ​​what Kyrgyzstan is, it is a mountainous, landlocked, former Soviet republic bordering northwest China. Now that you have your bearings, the country announced a national stablecoin in partnership with Binance, the company Zhao co-founded and where he served as CEO.

Update from Kyrgyzstan🇰🇬
– National Stablecoin launched @bnbchain
– CBDC is ready for rollout. Yes, both. CBDC will be used for government related payments etc
– Set up national cryptocurrency reserves, #bnb included
– LE training
– Binance Academy Top 10… https://t.co/KPrL0pnsWG pic.twitter.com/SInh5aCPMZ

— CZ 🔶 BNB (@cz_binance) October 25, 2025

According to Zhao’s post on XMudra – which pegged to the Russian ruble-A central bank digital currency (CBDC), a digital version of a national currency, will be used for government payments. It was launched on the BNB blockchain, a blockchain created by Zhao’s former company Binance.

Since his release from prison on charges of failing to prevent money laundering, Zhao has been lobbying Trump to pardon him. A The New York Times reports It found that in addition to pushing for a pardon, Zhao publicly praised Trump on podcasts, paid for lobbyists with cozy ties to Trump and his allies, and brokered a deal that resulted in losses for the Trump family’s crypto company World Liberty Financial.

Trump, for his part, signed his signature piece into the Crypto Act, The law of geniusIn July It establishes a regulatory framework for stablecoins not dissimilar to the new one Kyrgyzstan just created, and helps deepen the involvement of cryptocurrencies in the US economy.

For all we know, there’s nothing wrong with any of that. It could all be just fine.