OSL Group launched its stablecoin USDGO, initially investing $20 million in ecosystem incentives to promote corporate settlements and cross-border payments.

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(This article is a compilation by OSL and does not represent the views of Dongqu, nor is it investment advice, buy or sell recommendation. See the liability warning at the end of the article for details.)

OSL Group (863.HK), Asia's leading stablecoin trading and payment platform, officially launched its enterprise-grade compliant USD stablecoin, USDGO , today. As a cornerstone of OSL Group's global payment infrastructure, USDGO is positioned for institutional settlement and corporate payments, serving the cross-border business ecosystem of Asian enterprises. The initial batch of USDGO stablecoins, valued at $50 million, has been minted and deployed on the Solana public chain, with plans to gradually expand to more chains in the future.

At the same time, the OSL Group will launch the GO Alliance, a stablecoin ecosystem alliance, and will invest $20 million in ecosystem incentives for the first batch of corporate and institutional partners joining the alliance to jointly promote the application of USDGO in areas such as corporate settlement and cross-border payments. The GO Alliance aims to integrate industry resources and professional advantages to jointly expand the application scenarios of compliant stablecoins in the real economy.

USDGO is pegged 1:1 to the US dollar, is subject to US federal regulation, has access to multiple jurisdictions worldwide, and undergoes rigorous third-party audits. Anchorage Digital Bank NA is the issuer, and OSL is 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-cost stablecoin-fiat currency trading and settlement experience, thereby optimizing the efficiency of fund management.

Kevin Cui, Executive Director and CEO of OSL Group, stated, "As an enterprise-grade stablecoin, USDGO has been committed from the outset to becoming the 'digital lifeblood' of the real economy. By providing services such as corporate settlement and cross-border payments, USDGO aims to become the preferred compliant stablecoin payment for cross-border business ecosystems in Asia and even globally, steadfastly improving efficiency for the global financial system and creating value for real-world application scenarios."

Disclaimer: This article is a promotional piece provided by the contributor, who has no affiliation with Dongqu and this article does not represent Dongqu's position. This article is not intended to provide any investment, asset advice, or legal opinion, nor should it be considered an offer to buy, sell, or hold assets. Any services, programs, or tools mentioned in the promotional content are for reference only, and the final actual content or rules are subject to the announcement or explanation of the contributor. Dongqu is not responsible for any potential risks or losses and reminds readers to carefully verify information before making any decisions or taking any actions.

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