OSL Global has launched StableHub, a new platform enabling zero-slippage 1:1 exchanges between major stablecoins and the US dollar. Announced on February 6, StableHub aims to streamline stablecoin trading by offering low-cost cross-stablecoin exchanges and fiat on and off-ramp services. Initially, the platform supports RLUSD, USDGO, USDC, and USDT, with plans to expand its stablecoin offerings.
In partnership with Ripple, OSL Global is offering a capital reward of up to 18% for RLUSD users. Jason Liu, head of OSL's global exchange business, emphasized that StableHub is a key component of OSL's strategy to create a compliant global stablecoin ecosystem. The platform seeks to address market challenges such as complex exchange processes, high transaction costs, and fragmented liquidity, providing a more efficient solution for institutional investors, DeFi users, and enterprises with cross-border payment needs.
OSL Global Launches StableHub for Seamless Stablecoin-to-USD Exchange
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
