Anchorage snags another stablecoin issuance as it trumpets regulated status as market advantage
The Block
Anchorage Digital secured a deal with OSL Group to issue its USDGO stablecoin, leveraging its federally regulated status.Summary
Anchorage Digital announced a new stablecoin issuance deal with Hong Kong-based OSL Group for its U.S. dollar-backed stablecoin, USDGO. Anchorage is emphasizing that its status as the first and only stablecoin issuance solution under direct federal oversight provides regulatory certainty that industry leaders require. This follows a similar arrangement in September when Tether selected Anchorage to issue its U.S. market-focused stablecoin, USAT. Anchorage aims to use its fully regulated U.S. bank environment to help "on-shore the global stablecoin industry."
(Source：The Block)