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February 12, 2026 – Hong Kong
Angle Protocol's yield-bearing stablecoin, AUSD, has been integrated with OSL Digital Securities, a regulated cryptocurrency exchange in Hong Kong.
This development facilitates trading and fiat on-ramping for users in the region, supporting the gradual expansion of stablecoin usage in Asia.
With Hong Kong's regulatory environment providing increasing clarity, the listing advances the connection between traditional finance and blockchain-based solutions.
Key Takeaways
- Yield Mechanism: AUSD provides 4-6% APY through allocations to RWAs and DeFi protocols, offering returns without additional user actions.
- Regulatory Alignment: Available on SFC-licensed OSL, with secure fiat on-ramps for Hong Kong users.
- Trading Options: Supports AUSD/HKD and AUSD/USDT pairs, including over-the-counter services for larger transactions.
- Regional Growth: Initial phase of a 2026 expansion strategy targeting multiple exchanges to enhance liquidity.
- Early Performance: Day-one trading volume exceeded $5 million, reflecting market interest in yield-bearing stable assets.
Demand for stable assets that provide returns while mitigating volatility has grown steadily.
AUSD maintains a 1:1 peg to the U.S. dollar, supported by over-collateralized assets such as real-world assets (RWAs) and decentralized finance (DeFi) protocols.
Holders receive automatic yield, currently ranging from 4-6% APY, sourced from lending markets.
OSL, licensed by the Securities and Futures Commission (SFC), now offers AUSD/HKD and AUSD/USDT trading pairs, as well as fiat on-ramps through bank transfers. These features allow Hong Kong-based investors to convert local currency into AUSD efficiently, serving both retail and institutional participants.
Angle Protocol, a DeFi platform headquartered in Paris and supported by investors including a16z, created AUSD to resolve common challenges in stablecoin markets, such as limited yields and centralization vulnerabilities.
AUSD's design incorporates diversified collateral, including tokenized treasuries and Ethereum liquidity pools, to ensure resilience during market fluctuations.
"We are pleased to collaborate with OSL to introduce AUSD to one of Asia's leading cryptocurrency markets," stated Julien Bittel, Co-Founder of Angle Protocol. "This integration provides users with a mechanism to generate yields while preserving dollar parity, within Hong Kong's established regulatory framework."
OSL Digital Securities, a subsidiary of the OSL Group (HKEX: 863), recently secured $200 million in equity funding in January 2026 to broaden its offerings.
The exchange already supports prominent stablecoins such as USDC and Ripple's RLUSD. AUSD's yield-generating capability differentiates it within OSL's portfolio.
"Hong Kong serves as a central hub for digital asset activity in Asia," commented Daisy Chen, Head of Business Development at OSL. "The addition of AUSD strengthens our range of compliant products, appealing to investors focused on efficiency and performance."
The listing adheres to Hong Kong's stablecoin regulatory sandbox, introduced in 2025, and complies with anti-money laundering (AML) requirements. Initial trading volumes surpassed $5 million within the first 24 hours, indicating solid engagement from local traders.
Angle Protocol anticipates further integrations, with additional listings on Asian exchanges planned for mid-2026.
These may include platforms such as Singapore's DBS Digital Exchange and Japan's bitFlyer, contributing to the region's stablecoin market, which Chainalysis projects to reach $1 trillion by 2030.
Conclusion
The integration of AUSD on OSL Exchange underscores the evolving role of regulated platforms in expanding DeFi access across Asia.
As Hong Kong continues to position itself as a key Web3 center, collaborations between DeFi developers and compliant exchanges will support broader stablecoin integration.
This listing offers investors a reliable option for stable, income-producing digital assets.
Further developments from Angle Protocol are expected throughout 2026.
Read Next:
- Virtual Assets Service Providers Explained
- Omnichain Stablecoins Explained
- What Are USDC Gateway Wallets?
FAQs:
1. What is AUSD?
AUSD is a USD-pegged stablecoin from Angle Protocol that generates yield for holders through collateralized assets.
2. How is yield generated by AUSD?
Yield accrues automatically via investments in RWAs and DeFi protocols, yielding 4-6% APY without staking.
3. Who is eligible to trade AUSD on OSL?
Professional and retail investors in Hong Kong, with HKD-based fiat on-ramps available via bank transfers.
4. Why does this matter for Asia?
It introduces a regulated, yield-bearing stablecoin option, aligning with Hong Kong's supportive policies for digital assets.
5. What are AUSD's plans for 2026?
Additional exchange listings in Asia to increase availability and liquidity.
Disclaimer:
This content is provided for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice; no material herein should be interpreted as a recommendation, endorsement, or solicitation to buy or sell any financial instrument, and readers should conduct their own independent research or consult a qualified professional.
