Asian stablecoin trading and payment platform OSL Group (863 HK) announced that its Hong Kong's first licensed digital asset exchange, OSL HK, has launched the compliant stablecoin USDGO, initially opening three trading pairs: USDGO/USD, USDGO/USDT, and USDGO/USDC. Jason Liu, head of global exchange business at OSL Group, stated that USDGO will play a crucial role in OSL's compliant stablecoin trading and payment strategy. This launch is expected to provide Hong Kong investors with new allocation options and expand application scenarios for serving Asian enterprises' cross-border payment and settlement needs. https://t.co/O2RsUC0c1d
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OSL Group (https://t.co/lyM8fJE4sX) Executive Director and CEO Kevin Cui said that the company's newly launched stablecoin USDGO is designed to meet the actual needs of enterprises, such as instant global fund allocation, supplier payments, and cross-border settlement. OSL Group will also establish the stablecoin ecosystem alliance GO Alliance and provide an initial $20 million ecosystem incentive. Cui emphasized that stablecoins are no longer merely crypto assets, but an important component of global financial infrastructure, essentially a new foundation that supports capital flow. https://t.co/UUSLjGfzQG
The #OSL group officially launched its regulated stablecoin #USDGO for institutions, a step to enhance reliability in the digital financial ecosystem. This coin aims to provide a safe and efficient bridge between traditional finance and cryptocurrencies through a fully licensed and innovative infrastructure. #عملات_مستقرة #Web3
