OSL, Anchorage Digital to Launch US-Regulated USDGO Stablecoin in Hong Kong
OSL Group and Anchorage Digital are launching USDGO, a U.S.-regulated stablecoin to be issued in Hong Kong. According to the firms, the token will be issued under U.S. federal supervision and fully backed on a 1:1 basis by U.S. dollar–denominated assets, positioning USDGO as a dollar-equivalent on-chain instrument for market participants in the region.
The move aims to bring U.S. regulatory standards and custody assurances to Hong Kong’s crypto market, which could boost institutional confidence and on-chain dollar liquidity for payments and settlements. By pairing Anchorage’s custody and regulatory framework with OSL’s local distribution, USDGO may serve as a regulatory bridge for cross-border flows and a reference point for other issuances seeking stronger compliance signals.