Sign and BNB Chain have launched the Sovereign Stablecoin Framework, a blueprint for governments to issue regulated stablecoins pegged to national currencies. Announced on August 26, the framework is already live in Kyrgyzstan through KGST, pegged to the Kyrgyz Som. BNB Chain provides on-chain settlement, while licensed domestic institutions manage issuance, reserves, compliance and redemption. Sign’s Sovereign L2 Stack is designed to help governments deploy the required infrastructure more quickly. BNB Chain says its network supports roughly $18 billion in stablecoin supply and more than 78 million stablecoin holders. Sign has also disclosed engagements involving the UAE, Pakistan, Uzbekistan, Kazakhstan and Sierra Leone, as networks including Ripple and Stellar pursue government stablecoin projects.