Hong Kong, February 9, 2026 - OSL Group (863.HK), Asia’s leading stablecoin trading and payment platform, today announced that OSL HK will become the first crypto exchange in Hong Kong to list RLUSD, Ripple’s enterprise-grade, USD-denominated stablecoin. RLUSD is fully backed 1:1 by US dollar deposits, US Treasuries, and cash equivalents. The stablecoin is the industry gold standard and is subject to regular third-party audits to ensure the highest standards of transparency and stability.
Under the agreement, OSL HK will introduce two trading pairs: RLUSD/HKD and RLUSD/USDT. These pairs will be available to professional investors, providing enhanced liquidity and diversified trading options. Furthermore, OSL HK will launch Over-the-Counter (OTC) services for RLUSD, facilitating efficient, high-volume transaction channels for institutional clients and high-net-worth individuals.
Beyond trading, the two companies will explore synergies within their respective global compliant payment networks. By combining OSL’s regional leadership and Ripple’s cross-border payments technology, the partnership aims to deliver seamless, stablecoin-powered settlement across the Asia-Pacific region and beyond.
Kevin Cui, Executive Director and Chief Executive Officer of OSL Group, said:"This partnership underscores OSL Group's commitment to building a robust and compliant stablecoin trading and payment ecosystem. By aligning with a mature, industry-leading international partner like Ripple, we are not only providing Hong Kong investors with more reliable investment choices but also delivering high-quality, trustworthy digital asset payment solutions to OSL’s global network and clientele."
Fiona Murray, Managing Director, Asia Pacific at Ripple, said:"Hong Kong has established itself as a premier global hub for digital asset innovation through clear, proactive regulation. We are thrilled to partner OSL to bring RLUSD to this market, providing a trusted, 'gold standard' stablecoin for institutional use cases. With RLUSD already surpassing $1.5 billion market cap, this partnership is a pivotal step in our mission to replace fragmented legacy systems with a unified, compliant infrastructure stack that moves value at the speed of the internet."
About OSL Group
OSL Group (HKEX: 863) is Asia's leading stablecoin trading and payment platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide.For media inquiries, please contact: [email protected]
Disclaimer
This article is for informational purposes only and does not constitute, and shall not be construed as, an offer, solicitation, invitation, recommendation, or inducement to buy, sell, subscribe for, or otherwise deal in any digital assets, securities, or financial products. It does not constitute financial, investment, legal, tax, accounting, or other professional advice and should not be relied upon as such. The views, statements, and information contained herein do not necessarily reflect the official positions or commitments of OSL Group or any of its affiliates. Any descriptions of products, services, promotions, or programmes are for general reference only.Participation in any products, services, or promotions mentioned is subject to applicable terms, conditions, and regulatory requirements. This article may contain forward-looking statements or indicative information. Actual outcomes may differ materially, and OSL Group assumes no obligation to update such information.