Hong Kong's OSL Group Launches USDGO Stablecoin with Anchorage Digital

Cryptonewsland

Release Time:12/12/2025 12:26:49

SOL

$126.23-0.33%

Hong Kong’s OSL Group has launched USDGO, a U.S. dollar-backed stablecoin issued by Anchorage Digital, a federally chartered crypto bank. The stablecoin operates under stablecoin regulation and is fully backed by U.S. dollar assets, including U.S. Treasuries. It supports cross-chain interoperability, with Solana as the first deployment target. USDGO aims to streamline cross-border payments and on-chain settlements while complying with KYC and AML rules. Anchorage Digital provides bank-grade security, aligning with digital asset regulation standards. The stablecoin will be distributed via OSL Digital Securities Limited, Hong Kong’s first licensed virtual asset trading platform operator.

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