PANews reported on April 23 that OSL Group (863.HK), a global stablecoin payment and trading platform, announced a partnership with Circle to expand stablecoin payment and trading applications. OSL stated that this collaboration demonstrates the company's commitment and continued investment in building a vibrant stablecoin ecosystem.

According to the plan, OSL Global, the global trading platform of the OSL Group, will support a 1:1 exchange rate between USDC and the US dollar, and will open professional order book trading for five major currency pairs: USDC against BTC, ETH, SOL, USDT, and USD. In addition, USDC has become the unified margin currency for OSL Global's contracts, and OSL's payment services have also integrated USDC. Subject to compliance with relevant regulatory requirements and platform access conditions, OSL will also support integration with Circle's tokenized money market fund, USYC.

Since completing its strategic upgrade in 2025, the OSL Group has built a complete stablecoin ecosystem, including launching the enterprise-grade USD-compliant stablecoin USDGO, launching the cross-border stablecoin B2B payment solution OSL BizPay, acquiring the compliant deposit and withdrawal channel Banxa, and launching the global stablecoin trading hub OSL StableHub, which supports a variety of compliant mainstream stablecoins.