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Hong Kong/Sydney, November 28, 2025: OSL Group (HKEX: 863), Asia’s only publicly listed and fully licensed digital asset prime broker, has fired the starting gun on regulated stablecoin payment services for wholesale clients in Australia, becoming one of the first institutions to operationalize the country’s new crypto licensing regime.
The move, confirmed in an exclusive release today, will allow Australian-licensed institutions to settle cross-border payments instantly using USDC and USDT through OSL’s battle-tested infrastructure, a direct challenge to legacy rails like SWIFT that can take days and cost up to 6.5 % in hidden fees.
Key Takeaways
- Institutional-grade, fully regulated stablecoin payments are now live (or imminent) in Australia via a HKEX-listed provider.
- Targets billions in annual cross-border volume currently trapped in slow, expensive traditional channels.
- Built on OSL’s $300 million war chest raised in July 2025 and its existing Australian digital asset exchange license.
- Positions Australia as the newest regulated on-ramp for global stablecoin liquidity alongside Hong Kong, Singapore, Japan, and the EU.
- Wholesale-only at launch, but execs hint retail expansion is “on the roadmap” once final stablecoin issuer rules drop in 2026.
Background on OSL Group
Since pivoting entirely to digital assets in 2023, OSL has collected more major licenses than any other Asian player: full SFC trading and custody licenses in Hong Kong, a Japanese Type I Financial Instruments license via acquisition, BaFin approval in Germany, and now an Australian Financial Services Licence for digital asset exchange services.
The $300 million equity raise in July 2025, led by BGX Group and other blue-chip backers, explicitly earmarked funds for “global stablecoin payment corridors.”
Details of the Australia Launch
The new service, branded internally as “OSL Pay Australia,” offers:
- Direct fiat-to-USDC/USDT and reverse on/off ramps with zero slippage
- 24/7 instant settlement across 100+ countries
- Full audit trails and reserve attestation integration
- SOC 2 Type II and ISO 27001 certified custody with up to $1 billion insurance coverage
Initial rollout is wholesale-only, meaning banks, funds, payment companies, and large corporates. Retail access will require additional regulatory boxes to be ticked in 2026.
Regulatory Greenlights and Market Impact
Australia’s Treasury finalized its long-awaited crypto licensing framework in October 2025, explicitly carving out pathways for stablecoin payment providers while mandating 1:1 reserve backing and capital buffers.
Patrick Pan, OSL’s Chief Commercial Officer, called the timing “perfect alignment,” adding: “Institutions have been waiting for exactly this, a listed, insured, regulated bridge between AUD and global stablecoin liquidity.”
Analysts estimate the Australia-Asia trade corridor alone could unlock $8–12 billion in annual stablecoin volume within 24 months.
Conclusion
With today’s launch, OSL has drawn a clear line in the sand: regulated stablecoins are no longer a future promise, they are a present-day, enterprise-ready reality in Australia.
As billions in institutional money begins flowing through these new rails, one thing is certain: the global payments race just shifted into overdrive.
Read Next:
- Stablecoins on Layer-3s
- Stablecoin Tax Guide 2025: Reporting and Tools for Compliance
- The Future of Stablecoins: What's Next in 2026 and Beyond
FAQs:
1. What exactly are OSL Group's new stablecoin payment services in Australia?
Fully licensed, wholesale-only payment rails that let Australian institutions send and receive USDC and USDT instantly for cross-border settlements, trade finance, and treasury management.
2. When will OSL's stablecoin services go live in Australia, and who can use them?
Services begin “shortly” (expected Q4 2025/Q1 2026) and are initially limited to licensed wholesale clients such as funds, banks, and large payment firms.
3. How does Australia's 2025 crypto regulation enable this launch?
The new Digital Asset Platform licensing regime explicitly permits stablecoin payment services under strict reserve, audit, and capital rules, OSL already holds the required AFSL.
4. Which stablecoins does OSL support in Australia?
USDC (Circle) and USDT (Tether) are confirmed at launch, with EURC, PYUSD, and AUD-pegged options under active consideration.
5. Will retail customers ever get access to OSL Pay in Australia?
Yes, OSL has publicly stated retail expansion is on the roadmap once final stablecoin issuer and consumer-protection rules are finalized in 2026.
