OSL Exchange emerges as largest digital asset trading platform in Hong Kong

Hong Kong-based OSL Exchange has emerged as the largest digital asset trading platform in the city, ranking first in both spot trading volume and stablecoin trading volume, according to data from CoinGecko. This achievement comes as OSL Group continues to bolster its stablecoin infrastructure, which has seen the company become the world's largest stablecoin payment infrastructure provider by B2B stablecoin payment volume.

OSL Exchange, the flagship brand of OSL Group's exchange business, has seen a significant rise in market share over the past year. Since the Group's strategic pivot toward stablecoins in 2025, OSL has invested heavily in its stablecoin payment infrastructure. This investment has not only driven a comprehensive upgrade of OSL's trading platform but has also created a virtuous cycle between infrastructure improvements and enhanced liquidity.

The build-out of stablecoin infrastructure has improved OSL's trade matching, clearing, and settlement systems, resulting in deeper liquidity pools and more efficient channels for moving funds. Additionally, OSL's distribution of USDGO, its institutional-grade US dollar stablecoin, has further strengthened the trading platform's liquidity. As a result, OSL Exchange now offers zero maker and taker fees on spot trading for professional investors and institutional clients, making it an attractive option for large-volume, high-frequency trading.

For individual investors, OSL's enhanced compliant deposit and withdrawal channels have made it easier and less costly to move between fiat currency and digital assets. This has contributed to sustained growth in OSL Exchange's trading volume.

According to Frost & Sullivan, OSL Group became the world's largest stablecoin payment infrastructure company by B2B stablecoin payment volume in 2025, with US$12.3 billion in transactions. Within six months of launching USDGO in February 2026, its circulating supply had surpassed US$1.2 billion, making it the sixth-largest compliant stablecoin globally.

Terence Pu, Senior Vice President and Head of Hong Kong Business at OSL Group, commented, "OSL Exchange's rise to the top of the Hong Kong market is the result of our long-term investment in building compliant trading capabilities. This success is a testament to our commitment to providing the substantial liquidity support the market requires. We will continue to invest in the next generation of digital asset financial infrastructure to meet the growing needs of clients across various sectors."

OSL Group's commitment to compliance and efficiency has enabled it to offer a robust trading environment for both institutional and individual clients. The company's strategic focus on stablecoins has not only driven trading volume but has also solidified its position as a key player in the global digital asset landscape.