OSL Group (HKEX:863) said StableHub surpassed US$200 million in USDC deposits approximately four months after its launch, highlighting institutional demand for the dollar-linked token in Asia. Launched in February 2026, StableHub is a one-stop multi-stablecoin and USD exchange hub and rewards center that allows users to convert supported major dollar stablecoins and USD on a 1:1 basis with no slippage or fees. The platform is intended to combine USDC access, trading, custody and settlement for eligible Asia-Pacific clients. Circle’s collaboration with OSL also covers foreign exchange, custody and cross-border payments, supporting StableHub’s development as a compliant stablecoin distribution and settlement hub.