Hong Kong's OSL Group to Offer U.S.-Regulated Stablecoin with Anchorage Digital

Group 1 - OSL Group is launching a new U.S. dollar stablecoin called USDGO, with issuance managed by Anchorage Digital, a federally chartered crypto bank [1][2] - The USDGO token is designed for cross-border payments, treasury operations, and on-chain settlements, backed one-to-one by liquid U.S. dollar assets, including U.S. Treasuries, and includes compliance features like KYC and AML [2] - The stablecoin market is currently valued at $300 billion, with projections by Citi estimating it could grow to between $1.9 trillion and $4 trillion by 2030, driven by increasing use in payments and cross-border transfers [3] Group 2 - OSL's decision to issue USDGO through a U.S. bank highlights the growing significance of the U.S. market, especially following the enactment of the GENIUS Act to regulate the stablecoin sector [4] - OSL Group's CEO emphasized the demand for faster settlements, cheaper transactions, and global reach while maintaining compliance, which is facilitated by partnering with Anchorage Digital, the only federally regulated stablecoin issuer in the U.S. [5]