Anchorage Digital to issue OSL’s USDGO stablecoin under U.S. federal bank charter
Summary
Anchorage Digital, the sole federally chartered crypto bank in the U.S., is partnering with OSL Group, Asia's leading stablecoin platform, to issue OSL's USDGO stablecoin. This collaboration aims to establish new standards for secure, compliant global payments by issuing a fully regulated, multi-chain stablecoin under U.S. banking supervision. USDGO will maintain a 1:1 backing in U.S. Treasuries and adhere to full AML/KYC compliance. Anchorage CEO Nathan McCauley emphasized that adoption is driven by safety, speed, and trust, while OSL CEO Kevin Cui noted this move facilitates faster, cheaper global payments entering a "utility era."
(Source:Crypto Briefing)