USDGO is a fiat-backed US dollar stablecoin. It has about $1.30B in circulation, ranking #16 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
What is USDGO?
USDGO is a fiat-backed US dollar stablecoin. It has about $1.30B in circulation, ranking #16 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
In the issuer's words: USDGO is a regulated, enterprise-grade stablecoin issued by Anchorage Digital Bank and distributed by OSL Group.
USDGO supply history
USDGO supply fell 4.9% over the past 30 days, to $1.30B. Its peak was $1.42B in September 2026, and supply is 8% below that high.
Is USDGO holding its peg?
USDGO is trading within 0.5% of its target, which is normal for a healthy stablecoin.
Where USDGO lives: supply by blockchain
Supply is concentrated: Solana holds 100% of all USDGO. Moving it to another chain means bridging, or a mint and redeem through the issuer.
How USDGO is backed
Each USDGO is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Minting and redemption: Eligible users can exchange USD for USDGO and redeem USDGO for USD 1:1 through the issuer and distributor.
USDGO risks
Your claim is on the issuer and the banks or funds holding its reserves. A failure or freeze there can break the peg, as USDC briefly did in March 2023.
Fiat-backed issuers can usually freeze tokens at specific addresses, for example to comply with sanctions or court orders.
Copies of a stablecoin moved by third-party bridges depend on those bridges. Prefer the issuer's native contract on each chain.
Rules such as the US GENIUS Act and the EU's MiCA can restrict which stablecoins exchanges list in a given country.
USDGO vs USDT and USDC
Similar fiat-backed stablecoins
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USDGO FAQ
What is USDGO?
USDGO is a fiat-backed US dollar stablecoin. It has about $1.30B in circulation, ranking #16 among the stablecoins CoinScoop tracks, and runs on 2 blockchains.
Is USDGO pegged 1:1 to the US dollar?
USDGO targets 1 USD. At the last update it traded at $1.0000, a deviation of +0.00%, which we classify as "on peg".
What backs USDGO?
USDGO is a fiat-backed stablecoin. Each USDGO is meant to be redeemable for one unit of its reference currency, backed by reserves such as bank deposits and short-term government debt held by the issuer or its custodians.
Which blockchains is USDGO on?
USDGO is live on 2 blockchains. The largest by supply are Solana ($1.30B), Ethereum ($2K).
How much USDGO is in circulation?
About $1.30B of USDGO was in circulation at the last update, -4.9% over 30 days. That makes it the #16 stablecoin by supply among those we track.
Is USDGO safe?
No stablecoin is risk-free. As a fiat-backed design, USDGO's main risks are reliance on the issuer and its banks or custodians, how transparent the reserves are, the issuer's ability to freeze tokens, and regulatory action. It currently shows "on peg" on our peg monitor. This page is information, not investment advice.