On April 14, 2026, global stablecoin payment and trading platform OSL GROUP announced that the circulation of its compliant enterprise-grade stablecoin, USDGO, has exceeded $100 million, reaching a current total of $130 million. The reserve assets backing the stablecoin have also gained new support from a fund managed by Goldman Sachs. This marks a significant milestone in OSL's strategic deployment of compliant stablecoins and underscores the company's capabilities and achievements in stablecoin operations, distribution, and ecosystem development.
USDGO is a federally regulated stablecoin in the United States, pegged 1:1 to the US dollar. It is fully backed 1:1 by high-quality liquid assets, including cash and short-term US Treasury bonds, within a regulatory framework compliant with the GENIUS Act, and undergoes rigorous third-party audits. The issuer of USDGO is Anchorage Digital Bank N.A., the first federally chartered crypto bank in the US, while OSL acts as the brand operator and distributor.
USDGO was officially launched on February 10, 2026, with an initial injection of $50 million in liquidity into the market. Approximately one month after its launch, its circulation surpassed $68 million, and within about two months, it further exceeded $100 million. The sources of USDGO's reserve assets have also become more diversified. Following the initial inclusion of high-quality US dollar liquid assets through BlackRock's tokenized fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL), Goldman Sachs' stablecoin reserve fund, Goldman Sachs Stablecoin Reserves Fund (STBXX), has now also become a source of reserve assets for USDGO.
Kevin Cui, Executive Director and Chief Executive Officer of OSL GROUP, stated, "USDGO's circulation surpassing $100 million and the bolstering of its reserves with a fund from Goldman Sachs represent strong market recognition of OSL GROUP's stablecoin operational capabilities. Moving forward, we will continue to invest in the ecosystem for compliant stablecoin payments and trading, further enhancing OSL's ability to efficiently commercialize stablecoin operations."
Concurrently, OSL officially announced the upgrade of its previously established USDGO ecosystem alliance, GO Alliance, into a global stablecoin industry alliance named Stable Alliance. As an open industry coalition composed of various commercial entities, Stable Alliance is committed to further strengthening the ecosystem development of the global stablecoin industry, aiming to collaborate with the sector to promote the value release of compliant stablecoins in powering the real economy through on-chain circulation.
Since the launch of USDGO, OSL has continuously expanded its presence in market access, compliant usage, functional support, and partner incentives. Through a partner program offering holding incentives, it has enhanced the usability and adaptability of USDGO in various environments. OSL has also established an infrastructure loop, including compliant fiat and stablecoin on/off-ramp Banxa, the all-in-one cross-border stablecoin payment and settlement platform OSL BizPay, and the global compliant stablecoin trading and exchange hub OSL StableHub. This provides the market with a comprehensive suite of compliant, efficient, and deeply liquid stablecoin payment solutions, enabling USDGO to function as "digital blood" supporting real economic activities within this ecosystem.
**Business Use Case One: Optimizing Cross-Border Payments and Minor Currency Settlements**
In the realm of cross-border payments, a global payment service provider has pioneered the seamless integration of collecting local African currencies with USDGO through OSL BizPay and its channel partners. This solution addresses pain points in traditional cross-border settlements, such as high exchange rate risks, blind spots in cross-timezone transfers, and settlement cycles lasting 3 to 5 business days, by offering a deterministic alternative. Leveraging USDGO's instant clearing capability and fiat currency pathways, businesses can achieve real-time processing for global remittances in minor currencies, even within complex financial environments, significantly enhancing the security and transparency of international fund transfers.
**Business Use Case Two: Institutional Idle Capital Management and Efficiency Gains**
Concurrently, the ecological advantages of USDGO have attracted deep participation from asset management institutions. One asset manager successfully resolved challenges in managing idle positions using USDGO. Previously, the institution faced inefficiencies in utilizing short-term digital assets and idle US dollar cash. By accessing OSL's institutional-grade deep liquidity pools and compliant banking channels, the institution achieved zero-slippage conversion between digital assets and fiat currencies. Operating within a strict federal regulatory and monthly audit framework, the institution not only ensured high asset liquidity but also improved the utilization efficiency and potential yield of idle funds by 3 to 5 times, achieving an optimal asset allocation solution.
Through OSL's compliant ecosystem loop and partner incentive programs, the long-term vision for USDGO is to help global enterprises move beyond fragmented payment systems towards instant, compliant, and efficient cross-border capital flow. By utilizing USDGO, companies can unlock substantial dormant capital, enhance fund utilization efficiency, optimize treasury management capabilities, and improve investment returns.