Bank-issued stablecoin USDGO gets Solana lending market one month after DeFi debut

Jupiter has switched on a dedicated lending market for USDGO, the US dollar stablecoin issued by Anchorage Digital Bank and distributed by OSL Group (HKEX: 863). The launch, which was announced on Thursday, November 12, enables users to supply the token for yield or borrow it against crypto collateral. It is the latest step in a slow, staged push by a stablecoin designed for corporate payments into onchain credit. Since its launch in December 2025 , USDGO has made significant strides. It made a debut on Solana in February 2026 and became a trading pool on Jupiter Lend’s automated market maker (AMM) on October 12. Now it has a dedicated market where it can be lent and borrowed. How did USDGO go from payment rails to onchain credit?

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