Asia-based stablecoin trading and payment platform OSL Group has raised $200m (HK$1.56bn) in equity financing to strengthen the company financial position. The company said that the net proceeds will go toward strategic acquisitions. The company also plans to invest in global growth across payments and stablecoins. It will also fund product and technology infrastructure work and use a part of the funding as general working capital. OSL said the financing builds on steps taken in 2025 to develop a compl ...

Core Viewpoint - USDGO is a new USD-pegged stablecoin aimed at enhancing cross-border payments and settlements for e-commerce, gaming, and trade sectors, while also serving as a reliable medium for investors to manage digital assets through OSL's global trading and payment platform [1][2] Group 1: Product Overview - USDGO is set to launch in Q1 2026 and will be fully regulated, backed 1:1 by USD, and subject to rigorous third-party audits [1][3] - The stablecoin will adhere to the highest standards of anti-money laundering (AML) and know your customer (KYC) requirements [1] - Anchorage Digital Bank will issue USDGO, bringing U.S. banking-level regulatory oversight to a global stablecoin [2] Group 2: Strategic Importance - USDGO represents OSL Group's commitment to upgrading its payment segment and establishing a secure operational environment [1] - The stablecoin aims to lower transaction costs, improve capital management, and optimize liquidity, acting as a bridge between fiat and digital worlds [1] - OSL Group is enhancing its global compliance payment network with the introduction of USDGO, which is a cornerstone of its global payment infrastructure [4] Group 3: Technical Aspects - USDGO will adopt a multi-chain strategy to maximize accessibility and interoperability across major blockchain ecosystems [2] - Solana will be the first public blockchain to deploy USDGO, with plans to expand to additional chains in the future [2]

Core Viewpoint - OSL Group has announced the launch of USDGO, a USD-pegged stablecoin, which aims to enhance its global compliance payment network and provide efficient payment solutions for various sectors [1][2]. Group 1: USDGO Overview - USDGO is designed to be a fully regulated stablecoin, pegged 1:1 to the US dollar, and will undergo strict third-party audits to comply with anti-money laundering (AML) and know your customer (KYC) standards [1][3]. - The stablecoin is set to be launched in Q1 2026 and will serve as a reliable medium for cross-border payments and settlements in e-commerce, gaming, and trade [1]. Group 2: Strategic Partnerships - Anchorage Digital Bank, the first federally regulated crypto bank in the US, will issue USDGO, bringing US banking-level regulatory oversight to a global stablecoin [2]. - OSL Group will handle the branding and distribution of USDGO, ensuring compliance with regulatory standards in its operations [3]. Group 3: Technological Aspects - USDGO will adopt a multi-chain strategy to maximize accessibility and interoperability across major blockchain ecosystems, starting with deployment on the Solana blockchain [2].

Core Viewpoint - The launch of USDGO, a USD-backed stablecoin by OSL Group and Anchorage Digital, aims to enhance global compliance in payment networks and provide efficient payment solutions for various sectors, including e-commerce and gaming [1][2]. Group 1: USDGO Overview - USDGO is set to officially launch in the first quarter of 2026 and will be fully regulated, pegged 1:1 to the US dollar, and subject to strict third-party audits [1][3]. - The stablecoin will adhere to the highest standards of anti-money laundering (AML) and know your customer (KYC) requirements [1]. Group 2: Strategic Importance - The introduction of USDGO reflects OSL Group's commitment to strategically upgrade its payment segment while maintaining global regulatory and security standards [1]. - USDGO is designed to serve as a bridge between fiat and digital currencies, enhancing transaction efficiency and liquidity management for partners [1]. Group 3: Technological and Operational Aspects - Anchorage Digital will issue USDGO, bringing US banking-level regulatory oversight to a global stablecoin, which is crucial for institutional use in real-world payments [2]. - USDGO will adopt a multi-chain strategy to maximize accessibility and interoperability across major blockchain ecosystems, starting with deployment on the Solana blockchain [2].

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]