OSL Wealth, a division of OSL Group, has introduced a new yield-generating stablecoin product tailored for institutional and professional clients.
This offering utilizes Ethena Labs’ Staked USDe (sUSDe), providing dollar-pegged stability combined with attractive on-chain yields and daily liquidity.
Clients can access the product through OSL’s OTC desk, trading with USD or USDT. It features auto-compounding of a historically low-to-mid-teen net annual percentage yield (APY) directly into its price, while maintaining a consistent 1:1 redemption rate into USDe for dollar stability. Additionally, the product allows business-day subscriptions and redemptions without lock-up periods or performance fees, with client assets protected in OSL’s segregated, insured custody.
📢 sUSDe by @ethena_labs is now live on OSL — exclusively for Professional Investors.
✅ Trade via OTC with USD, USDT (ERC-20 & TRC-20)
📅 Trading available starting May 27, 2025More details 👉 https://t.co/P0Up1u8hym#sUSDe #OTC #DigitalAssets pic.twitter.com/qkevtK66Bw
— OSL (@osldotcom) May 27, 2025
At its core, sUSDe is a synthetic stablecoin backed by ETH collateral and paired with short perpetual futures hedges. This mechanism enables the protocol to earn income from funding rates and staking rewards, which are continuously compounded into the token’s value, all while preserving the 1:1 dollar peg.
By integrating sUSDe into its regulated framework, OSL Wealth offers clients access to a sophisticated decentralized finance (DeFi) yield strategy without the complexities of managing staking wallets, on-chain hedging, or custody logistics.
Tony Luk, Head of OSL Wealth, emphasized the product’s benefits, stating, “Our clients want dollar stability combined with real returns from a trusted institution. This offering simplifies a technically complex DeFi strategy into a turnkey income product.” Steven Shi, Head of Institutional Growth at Ethena Labs, added,
“Partnering with OSL brings our yield-bearing stablecoin to a market demanding transparency and institutional-grade security.”
In a related move, OSL Group recently completed the acquisition of CoinBest K.K., now rebranded as OSL Japan Limited. This rebranding supports OSL’s strategic goal of expanding its footprint in Japan, a market known for its rigorous digital asset regulations. The publicly listed digital asset firm remains committed to regulatory compliance and investor protection. It is audited by a ‘Big Four’ accounting firm and has set a new industry standard by securing USD 1 billion in insurance coverage for its custody services in Hong Kong.
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