PANews reported on February 26 that OSL Group (863.HK), a stablecoin trading and payment platform, announced today that its first licensed digital asset exchange in Hong Kong, OSL HK, has officially launched the enterprise-grade compliant stablecoin USDGO. Professional investors in Hong Kong can buy and sell USDGO through over-the-counter (OTC) trading, currently offering three trading pairs: USDGO/USD, USDGO/USDT, and USDGO/USDC.

Jason Liu, Head of Global Exchange Business at OSL Group, said, “We are excited to offer Hong Kong investors a compliant stablecoin with enterprise-grade services and underlying mechanisms. USDGO plays an important role in OSL Group’s compliant stablecoin trading and payment strategy. Its listing on OSL HK will not only provide investors with another high-quality asset allocation option, but also open a new window for USDGO to establish itself in Asia and serve the cross-border payment and settlement needs of real-world businesses.”