BroadChain News, April 24 at 04:00, OSL Group (863.HK) has partnered with Circle Internet Group (NYSE: CRCL) to expand the use of stablecoin USDC on the OSL platform.
Users can now achieve 1:1 exchange between USDC and USD via OSL Global, and engage in order book trading for five major currency pairs—USDC against BTC, ETH, SOL, USDT, and USD—in a dedicated trading zone. Additionally, USDC has been included as a margin currency for OSL Global’s unified contract, enhancing capital efficiency; OSL’s payment services have also integrated USDC to support digital dollar settlements.
Under compliance conditions, OSL will support Circle’s tokenized money market fund USYC. Eugene Cheung, Chief Commercial Officer of OSL, stated that this move aligns with the goal of building next-generation financial infrastructure, bridging stablecoins, fiat currencies, and digital assets.
Kash Razzaghi, Chief Business Officer of Circle, noted that the collaboration aims to provide institutional investors with trusted infrastructure, strengthening digital dollar liquidity in Hong Kong and globally.