PANews reported on February 6 that OSL Group, a stablecoin trading and payment platform, announced that its international trading platform, OSL Global, officially launched on the stablecoin trading hub StableHub on February 6.

As a compliant stablecoin trading infrastructure for global users, StableHub supports zero-slippage 1:1 exchange between various mainstream stablecoins and the US dollar, and will successively launch activities such as fee waivers and asset-based incentives based on user asset investment and usage scenarios. In the first phase of the campaign, OSL Global partnered with Ripple to launch an asset-based reward program of up to 18% on RLUSD.

Jason Liu, Head of Global Exchange Business at OSL, stated that StableHub is a crucial component of OSL's strategy to build a global compliant stablecoin ecosystem and advance stablecoin trading and payments. By providing a one-stop, low-cost cross-stablecoin exchange and fiat currency deposit/withdrawal service, StableHub aims to address core issues in the current market such as complex stablecoin exchange processes, high transaction costs, and fragmented liquidity, offering institutional investors, DeFi users, and businesses and individuals with cross-border payment needs a more efficient and sustainable stablecoin usage path.

StableHub initially supports stablecoins including RLUSD, USDGO, USDC, and USDT. In the future, the platform will continue to expand its supported stablecoin offerings and further refine its stablecoin trading and application scenarios within a framework of compliance, security, and liquidity.