---
title: "USDGO (USDGO) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/usdgo-osl/"
description: "Build-time stablecoin profile for USDGO (USDGO). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# USDGO (USDGO)

**Peg:** US Dollar

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

OSL's USDGO has doubled supply to $134M with a near-perfect peg, backed 80% {{term:treasury}}T-bills{{/term}} and 20% cash at Anchorage Digital under an OCC charter — on-chain liquidity is the bottleneck, not credentials. USDGO has more than doubled in supply over the past month to $134 million, a growth rate that makes most stablecoin launches look lethargic, all while maintaining a near-perfect peg with zero depeg events. The safety grade has climbed to B at 71, reflecting 80% {{term:treasury}}T-bills{{/term}} and 20% cash held at Anchorage Digital under an OCC federal bank charter — credentials that outclass most competitors five times its size, with institutional {{term:custody}}custody{{/term}} and same-day {{term:redemption}}redemption{{/term}}. Solana-only deployment and a modest $1 million in DEX TVL across just two pools make this an issuer-API exit story rather than an on-chain arbitrage play, but the CALM stress band and same-day settlement suggest OSL's institutional pipeline is doing the heavy lifting. The real question is whether USDGO's trajectory is sustainable demand from the Asia-Pacific trade corridor or a one-time institutional onboarding that plateaus once the initial wave settles.

## Collateral

U.S. Treasuries, cash, and high-quality liquid assets held by Anchorage Digital Bank, with reserve yield linked to the Effective Federal Funds Rate.

## Peg Mechanism

1:1 USD redemption through Anchorage Digital Bank under U.S. federal oversight

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| United States | OCC | Federal Bank Charter |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| solana | `72puLt71H93Z9CzHuBRTwFpL4TG3WZUhnoCC7p8gxigu` | 6 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/usdgo-osl.