Partnership
First major Asia-based platform partners with America’s only federally chartered crypto bank to bring onshore, fully regulated dollar stablecoin to global
December 11, 2025

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December 11, 2025 – Anchorage Digital, the only federally chartered cryptocurrency bank in the United States, has been selected as the exclusive U.S. issuer for USDGO, a new dollar-backed stablecoin to be launched by Hong Kong-listed OSL Group.
The partnership marks the first time a major Asia-based digital asset platform will issue a branded stablecoin through a federally regulated U.S. bank, effectively bringing a significant portion of global stablecoin issuance onshore under direct U.S. federal oversight.
USDGO will be issued on Anchorage Digital Bank N.A.’s platform and backed 1:1 by a combination of cash, cash equivalents, and short-term U.S. Treasuries. The stablecoin is designed for multi-chain deployment, with full compliance with U.S. anti-money-laundering (AML) and know-your-customer (KYC) requirements.
“When institutions ask who regulates us, we can point to our federal charter,” said Nathan McCauley, co-founder and CEO of Anchorage Digital. “This isn’t just marketing — it means USDGO will be supervised, secured, and issued under the same regulatory framework as the traditional U.S. banking system. Adoption today is driven by safety and trust, not speculation.”
OSL, Asia’s first licensed digital asset exchange under the Hong Kong Securities and Futures Commission (SFC), has established itself as a compliance-first gateway between traditional finance and digital assets in the region.
The move comes amid growing regulatory scrutiny of offshore stablecoin issuers and increasing demand from institutions for U.S.-domiciled, transparently regulated dollar instruments. By routing issuance through Anchorage Digital Bank, OSL aims to make USDGO immediately attractive to U.S. and global institutions wary of jurisdictional and counterparty risk.
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