The company said USDGO reached the milestone three months after crossing $100 million and now ranks among the top six compliant stablecoins globally by market capitalization.
OSL Group said the circulating supply of its USDGO stablecoin has exceeded $1 billion, a level it said places the token among the world’s six largest compliant stablecoins by market capitalization as of July 20, 2026, citing DefiLlama. The company also said USDGO is the largest USD-pegged compliant stablecoin operated by an Asian stablecoin operator by circulating supply. OSL said USDGO crossed $100 million in circulating supply in April 2026 and reached $1 billion three months later, which it described as evidence of institutional demand for compliant stablecoins in emerging markets and a sign of remaining untapped growth. The company said the larger supply gives USDGO the liquidity depth needed for institutional-grade, large-value payments. OSL positioned USDGO as a stablecoin for cross-border payments and institutional treasury management, areas where businesses in Africa, Southeast Asia and Latin America often face currency volatility, limited banking access and slow settlement windows. USDGO is pegged 1:1 to the U.S. dollar and backed by cash and short-term U.S. Treasuries, while OSL said its reserves draw on tokenized funds (traditional assets represented on-chain) from BlackRock, Goldman Sachs and JPMorgan. Anchorage Digital Bank, N.A. issues the stablecoin, and OSL acts as brand operator and distributor.