Stablecoin News: Hong Kong's OSL Group to Launch U.S.-Regulated USDGO with Anchorage

Hong Kong-based cryptocurrency exchange OSL Group is partnering with federally chartered crypto bank Anchorage Digital to issue a new U.S. dollar stablecoin called USDGO. The token will be backed one-to-one by liquid U.S. dollar assets, including U.S. Treasuries, and is designed for cross-border payments, treasury operations, and on-chain settlements.

USDGO will feature embedded compliance, such as KYC and AML protocols, and will support issuance across multiple blockchains, targeting enterprise users seeking a compliant, dollar-denominated digital asset. OSL Group CEO Kevin Cui stated that using Anchorage Digital, the only federally regulated stablecoin issuer in the U.S., ensures the product meets demands for faster settlement and global reach while maintaining the strongest regulatory posture, reflecting the growing importance of the U.S. market following the regulation of the stablecoin sector.

(Source：CoinDesk)