USDGO Stablecoin Surpasses $1 Billion Circulating Supply, Ranking Sixth Among Global Compliant Stablecoins

According to Foresight News, OSL Group announced today (July 20) that its enterprise-grade stablecoin USDGO has surpassed $1 billion in circulating supply, ranking sixth among global compliant stablecoins and becoming the largest U.S. dollar-backed compliant stablecoin operated by an Asian stablecoin provider. The stablecoin is backed 1:1 by the U.S. dollar and supported by adequate reserves of cash and short-term U.S. Treasury securities, designed for cross-border payments and institutional fund management.
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