OSL Group launches the stablecoin USDGO, with an initial investment of 20 million USD to incentivize ecosystem development and promote enterprise settlement and cross-border payments.

Hong Kong-listed company OSL Group (863.HK) officially launches the enterprise-grade compliant US dollar stablecoin USDGO, aiming to optimize cross-border settlement and payment processes for Asian businesses.
(Background: OSL Global launched StableHub, enabling stablecoin and US dollar zero-slippage exchanges, and introduced RLUSD with an 18% annual reward)
(Additional context: OSL Group completed the acquisition of Banxa to accelerate the development of a global compliant payment network)

(This is a promotional article provided by OSL, not representing the stance of Dongqu, nor investment advice, purchase, or sale recommendations. See the disclaimer at the end for details.)

Asia’s leading stablecoin trading and payment platform OSL Group (863.HK) today officially launched the enterprise-grade compliant US dollar stablecoin USDGO. As a cornerstone of OSL Group’s global payment infrastructure, USDGO is positioned for institutional settlement and corporate payments, serving the cross-border business ecosystem of Asian enterprises. The first batch of USDGO stablecoins worth 50 million USD has been minted and deployed on the Solana blockchain, with plans to expand to more chains in the future.

Meanwhile, OSL Group will also initiate the Stablecoin Ecosystem Alliance GO Alliance, investing 20 million USD in ecosystem incentives for the initial member enterprises and institutional partners, jointly promoting the application of USDGO in corporate settlement and cross-border payments. GO Alliance aims to integrate industry resources and expertise to expand the real-world use cases of compliant stablecoins in the economy.

USDGO is pegged 1:1 to the US dollar, regulated by U.S. federal authorities, accessible across multiple jurisdictions worldwide, and subject to strict third-party audits. Anchorage Digital Bank N.A. is the issuer, with OSL serving as the brand operator and distributor. It will provide 24/7 liquidity support for all user types—including enterprises, institutions, and individuals—and offer a low-friction, stablecoin-to-fiat transaction and settlement experience to optimize fund management efficiency.

Kevin Cui, CEO of OSL Group, stated: “USDGO, as an enterprise-grade stablecoin, has been committed from the start to becoming the ‘digital blood’ of the real economy. By providing services such as corporate settlement and cross-border payments, USDGO aims to be the preferred compliant stablecoin payment solution for cross-border business ecosystems of Asian and global enterprises, steadfastly enhancing the efficiency of the global financial system and creating value through real-world applications.”

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