African Gold Reserve (AGR) Announces World's First Gold-Backed Stablecoin with African Heritage, Pioneering a New Digital Gold Standard

FOR IMMEDIATE RELEASE

LONDON, United Kingdom - 27 November 2025 - My Digital Gold Holdings Limited, a UK-based digital assets pioneer, today announced the upcoming Initial Pre-sale of its groundbreaking African Gold Reserve (AGR) token, scheduled for Q1 2026. AGR is the world's first stablecoin fully-backed by African gold reserves, uniquely structured with a hard cap of 21 million tokens and a built-in Reserve Asset Stabilization Fund.

Conceived to tackle currency volatility and high remittance costs, AGR provides a stable, digital store of value and medium of exchange for the global African diaspora, non-Africans living on the continent, and cross-border trade under the African Continental Free Trade Area (AfCFTA).

Leading the project is President & CEO, Costa P. Choto, a former investment banker turned African gold expert with a proven track record of facilitating over $2.3 billion in African gold into Dubai. "Our mission is to leverage Africa's most timeless asset-gold-to solve its most pressing financial challenges," stated Choto. "AGR is more than a cryptocurrency; it's an inflation-beating solution and a tool for economic sovereignty, enabling seamless trade and secure savings outside of traditional, volatile fiats."

A First-of-its-Kind Financial Instrument

The AGR protocol is engineered for maximum stability and transparency:

Full Gold Backing: Each AGR token represents ownership of one fine troy ounce of a physical, allocated 22-karat African Heritage Proof Gold Coin, stored in high-security vaults.

Verifiable Scarcity: The total supply is hard-capped at 21 million tokens, mirroring the finite nature of gold itself.

Reserve Asset Stabilization Fund: In a global first for a commodity-backed stablecoin, 7.25% of the reserve is allocated to a diversified basket of high-liquidity assets, including US Treasuries, USD stablecoins (USDT, USDC), Bitcoin (BTC), and Ethereum (ETH). This fund is designed to ensure liquidity and stabilize the token's value during periods of gold market volatility.

User-Friendly Access via Telegram and TON Blockchain

To drive mass adoption, AGR is partnering with Telegram and The Open Network (TON) blockchain. This strategic integration will allow users, especially those new to crypto, to access a native wallet directly within the Telegram app, facilitating instant, low-cost transactions for remittances and payments.

Darshan Gohel, CEO of My Digital Gold Holdings Limited, will oversee the physical gold acquisition, leveraging the company's established network and expertise detailed at www.mydigital.gold. "Our on-the-ground experience in sourcing gold is the bedrock of this project," said Gohel. "We are bridging the gap between the physical commodity market and the future of digital finance."

The upcoming pre-sale will establish the initial, fully-audited gold reserve, with monthly Proof-of-Reserve audits conducted by a leading global firm to ensure 100% transparency.

MyDigital.gold66
71-75 Shelton St, Covent garden, London WC2H 9JQ, United Kingdom
+447555653967
info@mydigital.gold

About African Gold Reserve (AGR)
African Gold Reserve is a project of My Digital Gold Holdings Limited, creating the world's first stablecoin fully-backed by African gold reserves. With a maximum supply of 21 million tokens and an innovative Reserve Asset Stabilization Fund, AGR aims to establish a true Digital Gold Standard for Africa and its global diaspora.

This release was published on openPR.