USDGO Integrated into Copper ClearLoop to Support OTC Settlement and Custody
The OSL Group has announced that its compliant enterprise-grade stablecoin USDGO will be integrated into Copper's ClearLoop network, providing institutional clients with support for over-the-counter (OTC) settlement and custody. After the integration, institutional clients can hold USDGO in Copper's custody accounts and directly trade and settle through multiple channels connected to ClearLoop, without the need to pre-fund transactions. ClearLoop's OTC settlement structure breaks the traditional compromise between custody security and market liquidity, allowing institutions to seek the same trading opportunities across multiple venues without centralizing custody risk or leaving funds idle. USDGO is a compliant US dollar stablecoin issued by Anchorage Digital Bank, regulated by the US federal government and audited by a third party, with OSL serving as the brand operating partner and distributor.
-- Price
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