USDGO Listed on Kraken, Tightening Dollar Markets and On-Chain Liquidity Link
The OSL Group's USDGO stablecoin has been listed on Kraken, a major cryptocurrency exchange. This development tightens the link between dollar markets and on-chain liquidity.
Jason Liu, Head of Stablecoin at OSL Group, stated that managing a bank-issued stablecoin should be as seamless as managing traditional fiat. He emphasized that by bringing direct USDGO/USD liquidity to Kraken, they're strengthening USDGO's distribution network across key markets and deepening dollar liquidity for the market.
USDGO is issued by Anchorage Digital Bank, N.A., a federally chartered crypto bank in the United States. It is backed by high-quality liquid assets, including U.S. Treasuries. The listing on Kraken provides institutional and professional traders with a more straightforward path to acquire, convert, and manage USDGO liquidity.