Hong Kong, August 24, 2026 - OSL Group (HKEX:863) (OSL), a global stablecoin payment and trading platform, today announced that StableHub reached US$200 million in USDC deposits within approximately four months of launch. StableHub is OSL's one-stop multi-stablecoin and USD exchange hub that aggregates liquidity across supported stablecoins.
Enterprises and institutions across Asia-Pacific have long had to piece together offshore trading venues with separate payment rails to access USDC, even when their treasury and settlement operations — or their counterparties — already use USDC.
Built on OSL's regulatory foundation, StableHub was designed to solve that problem: USDC was among the first stablecoins supported, allowing eligible clients to exchange USDC and USD on a 1:1 basis, subject to applicable limits. Instead of routing clients through multiple venues to source liquidity, eligible clients can consolidate USDC access, exchange, custody, and settlement through StableHub.
Beyond the mechanics of incorporating USDC into StableHub, the collaboration included technical support and strategic input around foreign exchange, custody, and cross-border payments. That broader collaboration helped OSL envision StableHub as more than a trading venue, positioning it as a stablecoin distribution and settlement hub.
Jason Liu, Head of Stablecoin at OSL Group, said, "Circle brought both technical support and strategic input to the USDC integration, including working with us on cross-border payment solutions. With StableHub, we gave clients a single channel to access USDC. Circle's USDC is now a core pillar of our platform, providing benchmark dollar liquidity across trading and payments."
Looking ahead, OSL views StableHub as a model for how regulated distribution, liquidity, and settlement can be combined into a single compliant counterparty for APAC’s burgeoning digital dollar market.
About OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading 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.
For the avoidance of doubt, this article is strictly intended for Professional Investors (as defined under the Securities and Futures Ordinance (Cap. 571) and its subsidiary legislation) and is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to applicable laws or regulations. This article does not constitute active marketing to the public in Hong Kong.
The products referenced in this document may constitute Specified Stablecoins under the Stablecoin Ordinance (Cap. 656) ("Stablecoin Ordinance"). However, the issuers of the relevant products and OSLDS are not licensed under the Stablecoin Ordinance to conduct Regulated Stablecoin Activities in Hong Kong. OSLDS is a Permitted Offeror under the Stablecoin Ordinance, and OSLDS only offers such products and services in Hong Kong to clients who have been verified and accepted by OSLDS as professional investors.