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Anchorage Digital Partners with OSL Group to Launch USDGO, a Federally Regulated Stablecoin

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Anchorage Digital, a federally chartered crypto bank, has partnered with Hong Kong’s OSL Group to launch USDGO, a U.S. dollar-backed stablecoin. The stablecoin will be the first issued under direct federal regulation. Anchorage, valued at over $3 billion, previously worked with Tether on a U.S.-focused stablecoin. OSL is a top stablecoin trading platform in Asia. The move positions Anchorage to expand its role in the digital asset market and attract altcoins to watch.
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