According to CoinMeta, Kraken announced that USDGO is now available for trading, starting from August 19, 2026. Users can add this asset through their funding options and ensure that the tokens are deposited on networks supported by Kraken. USDGO is an enterprise-level, dollar-pegged stablecoin designed for institutional settlements, corporate payments, and cross-border transactions. The token is issued by Anchorage Digital Bank N.A. and is regulated by the US Federal Reserve. OSL Group acts as the brand operator and distributor. USDGO is backed 1:1 by high-quality liquid assets, including cash and short-term US Treasury bonds, with its reserve holdings disclosed monthly through third-party certification by one of the four major accounting firms. The token utilizes a minting and burning model; tokens are created when approved institutional customers deposit dollars and are destroyed when redeemed. USDGO was first launched on Solana on February 10, 2026, and the project plans to expand to more networks in the future.