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Anchorage Digital Partners with OSL to Issue Federally Regulated Stablecoin
Anchorage Digital and OSL Partner on USDGO Stablecoin
- Anchorage Digital, the only federally chartered crypto bank in the US, will issue the USDGO stablecoin for OSL Group.
- USDGO is backed 1:1 by high-quality liquid assets and US Treasuries, ensuring regulatory compliance and asset protection.
- The partnership positions USDGO as a cross-border settlement tool offering faster transactions and lower costs.
- This marks the first issuance of a stablecoin through a US federally regulated crypto bank.
Binance Expands USD1 Integration Amidst Tightening Oversight
- Binance introduces new trading pairs BNB/USD1, ETH/USD1, and SOL/USD1 to enhance liquidity.
- Zero-fee swaps are available between USD1 and major stablecoins USDC/USDT to encourage user adoption.
- All BUSD-related reserves to be converted into USD1, expected to complete within a week.
- USD1 is fully backed by US Treasury bills, cash, and equivalents, holding a $2.7 billion market cap.
Pepe Node Presale Approaches $2.5M Target
- Pepe Node presale has raised over $2.328 million, nearing its $2.5 million goal.
- The project involves owning virtual meme coin mining rigs with potential bonus rewards.
- The current presale price is $0.001192 per unit.
