USDGO

A US dollar stablecoin for business payments, issued by a US federally chartered bank.

USDGO is a digital token designed to stay worth one US dollar. It is issued by Anchorage Digital Bank, a national trust bank supervised by the US Office of the Comptroller of the Currency. OSL Group, a Hong Kong-listed digital asset company, runs the brand and sells it to businesses. USDGO publicly launched on 10 February 2026 with a first batch of US$50 million minted on Solana.

USDGO has no fixed supply. The bank creates tokens when its clients deposit dollars and removes them when clients redeem at US$1. Only Anchorage clients can redeem directly. Each month a Big Four accounting firm examines a reserve report. At 31 July 2026 there were about 1.11 billion tokens against US$1.116 billion of reserves: about 71% in money market funds, 28% in BlackRock's tokenized fund BUIDL and 1% in cash. On 27 September 2026 about 1.41 billion USDGO existed on Solana.

USDGO is aimed at company treasuries, cross-border payments, payroll and settlement, mainly for businesses in Asia. It passed US$1 billion in circulation in July 2026, and the custody platform Ceffu added it in August 2026.

The token pays nothing by itself: under the bank's terms, income on the reserves belongs to the bank. OSL, however, offers Professional Investors on its platform a share of the Treasury yield, and OSL and Bitget have run reward campaigns for balances held with them. The bank can freeze, block or restrict tokens where required by court orders or law.