PANews reported on December 18th that OSL HK and OSL Global, exchanges under the OSL Group, a leading stablecoin trading and payment platform in Asia, officially launched XAUT, the world's largest gold stablecoin by market capitalization. Currently, users can participate in buying and selling the XAUT/USDT and XAUT/USD trading pairs through over-the-counter (OTC) trading, with the Hong Kong market only open to professional investors.

OSL Group stated that this is an important step in the company's efforts to build a global ecosystem of compliant stablecoins and real-world assets (RWA), and also the first milestone achieved by OSL Group and Antalpha, a Tether Gold ecosystem partner, in exploring "digital gold" solutions for professional and institutional investors.