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USDGO goes live on Morph, supporting cross-border payments and on-chain settlements for enterprises.
Deep Tide TechFlow news, June 30 – USDGO, a U.S. dollar stablecoin issued by Anchorage Digital Bank N.A., has been launched on Morph. USDGO is a U.S. dollar-pegged stablecoin designed to support enterprise cross-border payments, fund flows, on-chain settlements, and other scenarios.
Morph stated that USDGO is issued by Anchorage Digital Bank N.A., a U.S. federally regulated crypto bank, with OSL Group responsible for brand operations and distribution. This launch will provide enterprises, cross-border e-commerce platforms, and financial institutions with more compliant stablecoin options to support global payment and fund management needs.
Renna Ba, Head of Morph Ecosystem, said that the addition of USDGO will further enrich enterprise-level payment and settlement scenarios within the Morph ecosystem and drive the application and development of real-world business activities on-chain.