USDGO Reserve, Attestation and Redemption Evidence Hub for Enterprise Review
This page is OSL's dated index of primary USDGO issuer, reserve-attestation and redemption materials. As of August 11, 2026, Anchorage Digital Bank, National Association is identified as the USDGO issuer. The latest public report measures USDGO and its reserve assets as of June 30, 2026 and is dated July 28, 2026. Anchorage Digital Bank's Covered Stablecoin Terms provide general redemption conditions for its clients, but a USDGO-specific public fee entry and operating procedure were not verified by the evidence cutoff.
Within OSL Group, USDGO is the standalone stablecoin business and brand; OSL Group is not the issuer. This hub helps enterprises locate issuer-side evidence and record the date and scope of each source. It does not establish that an OSL service, a particular enterprise or every USDGO holder has direct issuance or redemption access.
Evidence Status
Page field | Current status |
|---|---|
- | - |
Evidence cutoff | August 11, 2026 |
Latest public reserve report located | USDGO Reserve Report as of June 30, 2026; independent accountant's report dated July 28, 2026 |
Attestation history located | February 28 through June 30, 2026 |
Redemption evidence | General Anchorage Digital Bank Covered Stablecoin Terms located; USDGO-specific fee treatment and operating instructions require confirmation |
Maintenance owner | OSL Editorial Team |
Review cycle | Monthly and after a new issuer report, terms change or issuer change |
Next scheduled page review | August 31, 2026, or earlier if a source changes |
Page version | 1.0 |
Current Evidence Register
Original material | Publisher | Publication and coverage | What it supports | What it does not support | Review status |
|---|---|---|---|---|---|
- | - | - | - | - | - |
Anchorage Digital | Published February 18, 2026; launch information current on that date | Identifies Anchorage Digital Bank N.A. as issuer and describes OSL Group's role in bringing USDGO to market | Current reserves, current terms, holder eligibility, direct redemption access or service availability | Current issuer-identification source; review by August 31, 2026 | |
Anchorage Digital | Accessed August 11, 2026; links reports from February through June 2026 | Official access point for current and historical USDGO reserve reports | That a historical report reflects today's reserve position or that every linked report is a financial-statement audit | Current source hub; review by August 31, 2026 | |
Anchorage Digital Bank, National Association; independent accountant's report included | Measurement date June 30, 2026; report dated July 28, 2026 | Issuer identity, USDGO token measures, reserve-asset composition, comparison of reserve assets with redeemable tokens and the scope of the accountant's examination | Legal or regulatory compliance, contractual compliance, control effectiveness, future reserves, direct access for a specific holder or real-time liquidity | Current public report at cutoff; review when a later report appears | |
Anchorage Digital Bank, National Association | Effective October 13, 2025; accessed August 11, 2026 | General terms for payment stablecoin Series issued by the bank, including client and non-client status, reserve structure and conditional issuance and redemption terms | That a particular enterprise is a bank client, that a specific USDGO request will be accepted, or the exact fee, processing time and operating procedure for that enterprise | Current general terms; confirm applicability with the bank and applicable agreement | |
Anchorage Digital Bank, National Association | Effective October 13, 2025; accessed August 11, 2026 | The public fee schedule available at the cutoff; the page lists USDtb | A USDGO fee, a fee waiver or the absence of contract-specific charges | USDGO-specific public entry not located; confirmation required |
Latest Reserve-Attestation Snapshot
The figures below reproduce point-in-time measurements from the June 30, 2026 USDGO Reserve Report. They should be read with the report's definitions, schedules and exclusions. S3
Reported measure | Value at June 30, 2026 | Report location |
|---|---|---|
- | - | - |
Total USDGO redeemable tokens outstanding | 859,224,943 | Schedule I |
Total reserve assets | USD 861,072,523 | Schedule II |
Cash | USD 9,410,255 | Schedule II |
BUIDL, at fair value | USD 170,977,843 | Schedule II |
Money-market funds, at net asset value | USD 680,684,425 | Schedule II |
Reported surplus | USD 1,847,580 | Schedule III |
The report states that the accountant's examination addressed management's assertion for the specified report date under the stated criteria. It also states that the examination did not determine compliance with federal, state or local law, contractual obligations, or the suitability or operating effectiveness of controls. The figures therefore describe the position at June 30, 2026; they do not establish the reserve position after that date.
Historical Attestation Register
Each entry remains linked to the original file so an enterprise can identify which evidence was available for an earlier review. A newer report does not change the measurement made in an older report.
Original report | Measurement date | Report date | Redeemable USDGO | Reserve assets | Version status |
|---|---|---|---|---|---|
- | - | - | - | - | - |
February 28, 2026 | March 27, 2026 | 50,000,230 | USD 50,179,384 | Historical | |
March 31, 2026 | April 28, 2026 | 74,000,230 | USD 74,265,498 | Historical | |
April 30, 2026 | May 27, 2026 | 302,000,330 | USD 302,487,636 | Historical | |
May 31, 2026 | June 26, 2026 | 323,493,404 | USD 324,827,135 | Historical | |
June 30, 2026 | July 28, 2026 | 859,224,943 | USD 861,072,523 | Current public report at cutoff |
Redemption Evidence Status
Reserve reporting and redemption terms are separate evidence. The reserve report refers readers to the company's terms for purchase and redemption rights, including which holders have those rights. The current public Covered Stablecoin Terms state that they apply to payment stablecoin Series issued by Anchorage Digital Bank and distinguish between bank clients and non-clients. S3S4
Evidence item | Verified position at cutoff | Remaining limit |
|---|---|---|
- | - | - |
Direct redemption eligibility | The general terms state that Anchorage Digital Bank redeems Covered Stablecoins exclusively from its clients and does not redeem them from non-clients | A holder should not assume client status or direct USDGO redemption access without the applicable account agreement and bank confirmation |
Redemption value | The general terms state that eligible redemptions occur at the applicable Series' par value, net of applicable fees | The public fee schedule located at cutoff does not list a USDGO-specific fee |
Request acceptance | The bank may refuse, suspend or limit a request for stated compliance, risk, operational, liquidity, regulatory or contractual reasons | The terms do not guarantee acceptance or completion for a particular request |
Processing time | The bank states that it uses commercially reasonable efforts to process requests promptly | No fixed USDGO processing time or service level was verified publicly |
Operating procedure | The terms must be read with the applicable Master Account Agreement for bank clients | A public USDGO instruction method, settlement account requirement and escalation path were not verified |
These gaps do not prove that a route is unavailable. They mean that public evidence alone is insufficient to confirm the route for a particular enterprise. OSL and enterprise reviewers should obtain the applicable bank and service documents before treating direct redemption as an operating path or fallback.
Update and Version Log
Page version | Evidence cutoff | Change record | Next action |
|---|---|---|---|
- | - | - | - |
1.0 | August 11, 2026 | Established the primary-source register; verified five monthly reserve reports; added the current Covered Stablecoin Terms and public fee-schedule status | Check for a July 2026 reserve report, source changes and USDGO-specific redemption documentation by August 31, 2026 |
When a new report appears, OSL Editorial Team should add a new row, retain the prior link, record the measurement date separately from the publication or signature date, and update the latest snapshot only after checking the source file. Changes to issuer terms or USDGO-specific redemption evidence should be logged as separate page updates.
Related OSL Guidance
This hub supplies source files and dates. Explanatory frameworks remain on the relevant OSL pages:
Risk Notice
This hub is a source index, not legal, accounting, investment, tax or regulatory advice. Stablecoin holding, transfer, conversion and redemption can involve issuer, reserve, liquidity, operational, technology, counterparty, legal and market risks. Evidence and availability can change after the cutoff date. Confirm the relevant entity, customer eligibility, agreement, asset, network, terms and route before approval or use.
Sources
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