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OSL Group Says USDGO Circulation Surpasses $300 Million

OSL Group states that Goldstack will use USDGO for cross-border settlement, foreign exchange, and treasury management, while joining Stable Alliance to support broader stablecoin adoption in Africa and real-economy payment use cases.

Summary

OSL Group said circulation of its compliant U.S. dollar stablecoin USDGO has exceeded $300 million after launching in February 2026, reaching $100 million within two months and passing $200 million earlier this week. The company has now also announced a deep partnership with Goldstack, which will use USDGO for cross-border settlement, foreign exchange, and treasury management. In addition, Goldstack will join OSL’s Stable Alliance to promote USDGO adoption in Africa and global real-economy payment scenarios. The new partnership adds to OSL’s earlier expansion efforts with Yellow Card, OSL BizPay, and USDGO’s Pro Trade listing on OSL HK, indicating broader enterprise and payments-related adoption for the stablecoin.

Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, often by being pegged to a fiat currency such as the U.S. dollar.
  • Treasury management: The management of a company’s liquidity, cash flows, and financial risk, including how funds are held, moved, and settled.
  • Foreign exchange: The conversion of one currency into another, typically used in international trade, cross-border payments, and corporate finance.