PANews February 10 News, the stablecoin trading and payment platform OSL Group (863.HK) officially launched the enterprise-grade compliant US dollar stablecoin USDGO today. As a cornerstone of OSL Group’s global payment infrastructure development, USDGO is positioned for institutional settlement and corporate payments, serving the cross-border business ecosystem of Asian enterprises. The first batch of USDGO stablecoins worth $50 million has been minted and deployed on the Solana blockchain, with plans to expand to more chains in the future.
Meanwhile, OSL Group will also initiate the Stablecoin Ecosystem Alliance GO Alliance, and will invest $20 million in ecosystem incentives for the initial member enterprises and institutional partners joining the alliance, jointly promoting the application of USDGO in enterprise settlement and cross-border payments. GO Alliance aims to integrate industry resources and professional advantages to collaboratively expand the application scenarios of compliant stablecoins in the real economy.
USDGO is pegged 1:1 to the US dollar, regulated by U.S. federal authorities, accessible across multiple jurisdictions worldwide, and subject to strict third-party audits. Anchorage Digital Bank N.A. is the issuer, with OSL serving as the brand operator and distributor. It will provide 24/7 liquidity support for various users including enterprises, institutions, and individuals, as well as a low-friction “stablecoin-fiat” trading and settlement experience, thereby optimizing capital management efficiency.
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