Hong Kong Stock Moves: OSL Group Surges Over 4% After Launching Stablecoin Payment Infrastructure for AI Agents

Stock News
08/12

OSL Group (00863) extended its upward momentum, rising over 4% in Tuesday's trading session. As of the latest update, the stock was up 3.88% to HK$12.84, with a trading volume of approximately HK$12.08 million.

The company recently unveiled OSL AgentPay, a stablecoin payment infrastructure specifically designed for AI agents. Positioned as a backend settlement layer for developers, AgentPay is expected to serve as the foundation for a comprehensive AI payment ecosystem. OSL Group plans to initially focus on serving Asian developer use cases, and later expand globally by offering AI-driven commercial payment services to enterprises, marking a key step in converging artificial intelligence with crypto payment infrastructure.

Additionally, on August 4, OSL Group announced that it had obtained a dedicated SWIFT Business Identifier Code (BIC), granting it direct access to the global payment clearing network. This milestone signals the growing alignment between institutional-grade digital asset services and traditional global banking infrastructure. Historically, exclusive BICs have been granted only to banks and licensed financial institutions, with digital asset platforms rarely receiving such approval.

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