OSL Group launches USDGO, a dollar-backed stablecoin issued by Anchorage Digital

OSL-Group-launches-USDGO-a-dollar-backed-stablecoin-issued-by-Anchorage-Digital.
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TL;DR

  • OSL Group launches USDGO, a fully compliant U.S. dollar stablecoin issued by Anchorage Digital.
  • The token is backed 1:1 by liquid dollar assets and embeds KYC/AML controls for enterprises.
  • It targets cross-border payments and on-chain settlement for faster, cheaper, compliant value transfer.

OSL Group, a Hong Kong-based digital assets firm, introduced USDGO, a U.S. dollar stablecoin issued by Anchorage Digital, a federally chartered crypto bank. The token enters a market where companies seek faster settlement, lower costs and direct access to compliant digital money for cross-border payments, treasury flows and on-chain operations.

USDGO holds one-to-one backing with liquid dollar assets, including U.S. Treasuries. The design embeds compliance features such as KYC checks and AML controls, offering enterprise users a digital unit aligned with regulatory demands. The issuer also plans support across multiple blockchains to meet demand from firms that operate in several settlement environments.

The stablecoin market continues to expand as rules advance. Current estimates place the sector at $300 billion, with research pointing to a range between $1.9 trillion and $4 trillion by 2030. Payment providers, trading firms and corporates increasingly rely on dollar-denominated tokens to move value across borders with fewer intermediaries. Passage of the GENIUS Act in the United States reinforced interest in regulated stablecoins built under banking oversight.

Top US Banks Eye Stablecoin Launch in Bid to Dominate Digital Dollar

A new compliant dollar token aimed at global payments and on-chain settlement

OSL’s decision to work with Anchorage Digital reflects a shift toward structures that rely on federal supervision. Companies that operate across jurisdictions want clear rules when adopting digital settlement tools, especially when internal teams handle large volumes of payments or treasury transfers.

Kevin Cui, CEO of OSL Group, said businesses want faster settlement, cheaper transactions and broader reach while maintaining compliance. He added that Anchorage Digital, the only federally regulated stablecoin issuer in the United States, offers a framework that meets those requirements and supports enterprise use.

USDGO enters a competitive market where regulated issuers compete to capture payment flows that move from traditional banking toward on-chain rails. The launch positions OSL to serve firms that use digital assets in daily operations and want a dollar token with compliance integrated into every transaction.

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