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USDGO launched in February 2026 as a regulated stablecoin backed by U.S. Treasuries and issued by Anchorage Digital Bank, the first federally chartered crypto bank in the U.S. Designed for institutional settlement and cross-border payments, it maintains a strict 1:1 peg to the dollar with full backing and bank-grade compliance. OSL Group, a Hong Kong-listed platform, operates the stablecoin for Asian enterprises and real-economy use cases. Initial rollout deployed $50 million on Solana.